LEADER 03300nam 22006494a 450 001 9910975297403321 005 20251116141542.0 010 $a0-262-27244-X 010 $a0-585-19965-5 035 $a(CKB)111004366548794 035 $a(CtWfDGI)bkf00000217 035 $a(SSID)ssj0000218987 035 $a(PQKBManifestationID)11190320 035 $a(PQKBTitleCode)TC0000218987 035 $a(PQKBWorkID)10228600 035 $a(PQKB)11268790 035 $a(MiAaPQ)EBC3338472 035 $a(Au-PeEL)EBL3338472 035 $a(CaPaEBR)ebr10015372 035 $a(OCoLC)44957626 035 $a(BIP)48531517 035 $a(EXLCZ)99111004366548794 100 $a19990419d1999 uy 0 101 0 $aeng 135 $aurzn|||||| 181 $ctxt 182 $cc 183 $acr 200 10$aPaying with plastic $ethe digital revolution in buying and borrowing /$fDavid S. Evans, Richard Schmalensee 205 $a1st ed. 210 $aCambridge, Mass. $cMIT Press$dc1999 215 $axii, 373 p. $cill 300 $aTitle from title screen. 311 08$a0-262-05062-5 320 $aIncludes bibliographical references (p. 327-359) and index. 327 $aPaying with Plastic -- Contents -- Preface -- Acknowledgments -- Plastic Cards -- From Sea Shells to Electrons -- A Land of Local Banks, Awash in Paper Checks -- The Rise of Payment Cards -- From Gourmets to the Masses -- Everywhere You Want to Be, Not Everywhere They Want to Be -- Chickens, Eggs, and Other Economic Conundrums -- System Wars -- Issuer Brawls -- Puzzles and Paradoxes -- The Antitrust Wars -- Debit Takes Off (Finally) -- And They Don t Take Cash -- Sources and Notes -- Selected Bibliography -- Index. 330 $aSince Diners Club issued its first charge cards in 1950, payment cards -- credit, debit, and charge cards -- have revolutionized how and whenwe pay for goods and services. In Paying with Plastic, David Evans and Richard Schmalensee provide a nontechnical distillation of their years of research on the economic, technological, and institutional forces that have shaped the payment card industry. They show how competition works in an industry that does not neatly fit any of the standard economic models. They describe how the payment card companies such as MasterCard and Visa have developed complex systems for coordinating transactions among their thousands of bank members and millions of cardholders and accepting merchants. Evans and Schmalensee also describe recent developments in the industry and consider its likely evolution. 606 $aCredit cards$zUnited States 606 $aBank credit cards$zUnited States 606 $aElectronic funds transfers$zUnited States 606 $aElectronic commerce$zUnited States 606 $aConsumer credit$zUnited States 615 0$aCredit cards 615 0$aBank credit cards 615 0$aElectronic funds transfers 615 0$aElectronic commerce 615 0$aConsumer credit 676 $a332.7/65/0973 700 $aEvans$b David S$g(David Sparks),$f1954-$0119437 701 $aSchmalensee$b Richard$0121363 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910975297403321 996 $aPaying with plastic$94472895 997 $aUNINA