Corpus ID: 19936784

THE IMPACT OF CONTACTLESS PAYMENT ON SPENDING

@inproceedings{Trtsch2014THEIO,
  title={THE IMPACT OF CONTACTLESS PAYMENT ON SPENDING},
  author={Tobias Tr{\"u}tsch},
  year={2014}
}
This paper estimates the effect of contactless payment on the spending ratio in terms of transactions for different transaction types at the point-of-sale. The specific devices that are investigated are debit and credit cards, to which the feature is embedded. Data is drawn from a national representative survey on consumer payment behavior in the US in 2010. Using propensity score matching to control for selection, the estimation shows that the contactless feature yields to a significant… Expand
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