Consumer Behavior and Payment Choice
How and Why Do Consumers Choose Their Payment Methods?
While a good deal is understood about the supply side of the retail payments market, very little is understood about the demand or consumer side, especially why consumers choose one payment method over another. This conference will bring together economic researchers and payments system participants to explore what we know and don’t know about how consumers choose among payment methods and about the implications of their decisions for saving, consumption, and portfolio allocation.
A Conference Summary was published as Research Department Public Policy Discussion Paper P06-1.
Papers are available as portable document format (PDF) files. For individual papers, see the agenda below. You may also download all 6 conference papers in a compressed zip archive.