03820oam 2200589Ma 450 991077793710332120190503073351.00-262-27243-19780262050777(CKB)1000000000771231(EBL)3338896(OCoLC)560589229(OCoLC)560589229(OCoLC)253931554(OCoLC)427510798(OCoLC)646747538(OCoLC)861510373(OCoLC)889389044(OCoLC)961534687(OCoLC)962602019(OCoLC)966211015(OCoLC)988417732(OCoLC)991943983(OCoLC)1037498265(OCoLC)1037911662(OCoLC)1038637673(OCoLC)1045490398(OCoLC)1055326287(OCoLC)1081231317(OCoLC)1083551564(OCoLC)1085906642(OCoLC-P)560589229(MaCbMITP)5281(MiAaPQ)EBC3338896(EXLCZ)99100000000077123120040629d2005 uy 0engurcn|||||||||txtrdacontentcrdamediacrrdacarrierPaying with plastic the digital revolution in buying and borrowing /David S. Evans and Richard Schmalensee2nd ed.Cambridge, Mass. MIT Press©20051 online resource (384 p.)Description based upon print version of record.0-262-05077-3 Contents; Preface; Acknowledgments; 1 - Plastic Cards; 2 - From Seashells to Electrons; 3 - More Than Money; 4 - From Gourmets to the Masses; 5 - From Sardi's to Saks.com; 6 - It Takes Two to Tango; 7 - Co-opetition and the Payment Card Ecosystem; 8 - System Wars; 9 - Issuer Brawls; 10 - Backroom Battles; 11 - The Antitrust Wars; 12 - On the Brink; 13 - And They Don't Take Cash; Sources and Notes; Selected Bibliography; IndexAnnotationThe payment card business has evolved from its inception in the 1950s as a way to handle payment for expense-account lunches (the Diners Club card) into today's complex, sprawling industry that drives trillions of dollars in transaction volume each year.<i>Paying with Plastic</i>is the definitive source on an industry that has revolutionized the way we borrow and spend. More than a history book,<i>Paying with Plastic</i>delivers an entertaining discussion of the impact of an industry that epitomizes the notion of two-sided markets: those in which two or more customer groups receive value only if all sides are actively engaged. New to this second edition, the two-sided market discussion provides useful insight into the implications of these market dynamics for cardholder rewards, merchant interchange fees, and card acceptance. The authors, both of whom have researched the industry for more than 25 years, also examine the implications of the recent antitrust cases on the industry as well as other business and technological changesincluding the massive consolidation brought about by bank mergers, the rise of the debit card, and the emergence of e-commercethat could alter the payment card industry dramatically in the years to come.Credit cardsUnited StatesBank credit cardsUnited StatesElectronic funds transfersUnited StatesElectronic commerceUnited StatesConsumer creditUnited StatesECONOMICS/FinanceBUSINESS/Business TechnologyCredit cardsBank credit cardsElectronic funds transfersElectronic commerceConsumer credit332.7/65/0973Evans David S(David Sparks),1954-119437Schmalensee Richard121363OCoLC-POCoLC-PBOOK9910777937103321Paying with plastic3737401UNINA