{"id":"https://openalex.org/W2138462889","doi":null,"title":"The role of the interchange fee in card payment systems","display_name":"The role of the interchange fee in card payment systems","publication_year":2012,"publication_date":"2012-01-01","ids":{"openalex":"https://openalex.org/W2138462889","mag":"2138462889"},"language":"en","primary_location":{"id":"pmh:oai:RePEc:mnb:opaper:2012/96","doi":null,"is_oa":false,"landing_page_url":"http://www.mnb.hu/letoltes/op96-en.pdf","pdf_url":"http://www.mnb.hu/letoltes/op96-en.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},"volume":null,"type":"preprint","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"http://hdl.handle.net/10419/83549","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5026766211","display_name":"\u00c9va Keszy-Harmath","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"\u00c9va Keszy-Harmath","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5048048569","display_name":"Gergely K\u00f3cz\u00e1n","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Gergely K\u00f3cz\u00e1n","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5068040286","display_name":"Surd Kov\u00e1ts","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Surd Kov\u00e1ts","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5043448437","display_name":"Boris Martinovic","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Boris Martinovic","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5065913940","display_name":"Krist\u00f3f Tak\u00e1cs","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Krist\u00f3f Tak\u00e1cs","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":true,"cited_by_count":4,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11043","display_name":"Merger and Competition Analysis","score":0.5526999831199646,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11043","display_name":"Merger and Competition Analysis","score":0.5526999831199646,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.2985999882221222,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11437","display_name":"Digital Platforms and Economics","score":0.05640000104904175,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/interchange-fees","display_name":"interchange fees","score":0.9100000262260437},{"id":"https://openalex.org/keywords/payment-card-systems","display_name":"card payment systems","score":0.9449999928474426},{"id":"https://openalex.org/keywords/competition-law","display_name":"competition law","score":0.5709999799728394},{"id":"https://openalex.org/keywords/payment-card-regulation","display_name":"payment card regulation","score":0.75},{"id":"https://openalex.org/keywords/regulatory-intervention","display_name":"regulatory intervention","score":0.5080000162124634}],"concepts":[{"id":"https://openalex.org/C145097563","wikidata":"https://www.wikidata.org/wiki/Q1148747","display_name":"Payment","level":2,"score":0.8027262687683105},{"id":"https://openalex.org/C21021354","wikidata":"https://www.wikidata.org/wiki/Q1207171","display_name":"Payment card","level":3,"score":0.795967698097229},{"id":"https://openalex.org/C91306197","wikidata":"https://www.wikidata.org/wiki/Q45767","display_name":"Competition (biology)","level":2,"score":0.7232064008712769},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6044875979423523},{"id":"https://openalex.org/C2780665704","wikidata":"https://www.wikidata.org/wiki/Q959298","display_name":"Intervention (counseling)","level":2,"score":0.5646956562995911},{"id":"https://openalex.org/C185822510","wikidata":"https://www.wikidata.org/wiki/Q1956140","display_name":"Payment service provider","level":3,"score":0.5314795970916748},{"id":"https://openalex.org/C2776983043","wikidata":"https://www.wikidata.org/wiki/Q986008","display_name":"Payment system","level":3,"score":0.5202518701553345},{"id":"https://openalex.org/C14036430","wikidata":"https://www.wikidata.org/wiki/Q3736076","display_name":"Function (biology)","level":2,"score":0.434885710477829},{"id":"https://openalex.org/C190978112","wikidata":"https://www.wikidata.org/wiki/Q17074350","display_name":"Payment processor","level":3,"score":0.4339657723903656},{"id":"https://openalex.org/C108087509","wikidata":"https://www.wikidata.org/wiki/Q1207171","display_name":"ATM card","level":3,"score":0.424612820148468},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.39447087049484253},{"id":"https://openalex.org/C54750564","wikidata":"https://www.wikidata.org/wiki/Q26643","display_name":"Commerce","level":1,"score":0.3692860007286072},{"id":"https://openalex.org/C118552586","wikidata":"https://www.wikidata.org/wiki/Q7867","display_name":"Psychiatry","level":1,"score":0.0},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C78458016","wikidata":"https://www.wikidata.org/wiki/Q840400","display_name":"Evolutionary biology","level":1,"score":0.0},{"id":"https://openalex.org/C18903297","wikidata":"https://www.wikidata.org/wiki/Q7150","display_name":"Ecology","level":1,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"pmh:oai:RePEc:mnb:opaper:2012/96","doi":null,"is_oa":false,"landing_page_url":"http://www.mnb.hu/letoltes/op96-en.pdf","pdf_url":"http://www.mnb.hu/letoltes/op96-en.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:econstor.eu:10419/83549","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10419/83549","pdf_url":"http://hdl.handle.net/10419/83549","source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"doc-type:workingPaper"},{"id":"mag:2138462889","doi":null,"is_oa":false,"landing_page_url":"https://mek.oszk.hu/12200/12254/12254.pdf","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null},{"id":"mag:3121482186","doi":null,"is_oa":false,"landing_page_url":"https://ideas.repec.org/p/mnb/opaper/2012-96.html","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":null}],"best_oa_location":{"id":"pmh:oai:econstor.eu:10419/83549","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10419/83549","pdf_url":"http://hdl.handle.net/10419/83549","source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"doc-type:workingPaper"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2138462889.pdf","grobid_xml":"https://content.openalex.org/works/W2138462889.grobid-xml"},"referenced_works_count":22,"referenced_works":["https://openalex.org/W195797629","https://openalex.org/W1482355944","https://openalex.org/W1516051863","https://openalex.org/W1556466195","https://openalex.org/W1573618587","https://openalex.org/W1586593315","https://openalex.org/W1587956364","https://openalex.org/W2025987251","https://openalex.org/W2038321004","https://openalex.org/W2134996511","https://openalex.org/W2141629583","https://openalex.org/W2145288199","https://openalex.org/W2150468786","https://openalex.org/W2153108457","https://openalex.org/W2162818390","https://openalex.org/W2573430091","https://openalex.org/W2889571040","https://openalex.org/W3081360411","https://openalex.org/W3121216621","https://openalex.org/W3123131532","https://openalex.org/W3124640067","https://openalex.org/W3125495229"],"related_works":["https://openalex.org/W1956359756","https://openalex.org/W7043054896","https://openalex.org/W7029383568","https://openalex.org/W3128434967","https://openalex.org/W1515038526","https://openalex.org/W2889571040","https://openalex.org/W3152985022","https://openalex.org/W1530569814","https://openalex.org/W2151825134","https://openalex.org/W2134996511"],"abstract_inverted_index":{"The":[0,76,117],"interchange":[1,22,55,87,105,136,166],"fee":[2,23,56,88,106],"applied":[3],"in":[4,10,35,47,72,101,162],"four-party":[5],"card":[6,13,133],"systems":[7],"transfers":[8],"incomes":[9],"the":[11,21,25,39,54,58,61,80,83,86,90,104,108,121,124,130,139,165,170,177],"payment":[12,132],"business":[14],"from":[15,107],"merchants":[16],"to":[17,53,129,164,169],"cardholders.":[18],"Assessment":[19],"of":[20,27,60,79,85,98,110,112,120,126,141,174,176],"and":[24,57,89,115,135,155,172],"interpretation":[26],"its":[28],"role":[29],"have":[30],"prompted":[31],"serious":[32],"professional":[33,40],"debate":[34],"recent":[36],"years.":[37],"Beyond":[38],"debate,":[41],"competition":[42,113],"proceedings":[43],"were":[44],"also":[45],"launched":[46],"connection":[48,102],"with":[49,103],"interbank":[50],"agreements":[51],"related":[52,91],"setting":[59],"fee,":[62,167],"but":[63],"so":[64],"far":[65],"specific":[66],"regulation":[67],"has":[68],"been":[69],"adopted":[70],"only":[71],"a":[73,96],"few":[74],"countries.":[75],"first":[77],"part":[78,119],"study":[81,122],"describes":[82],"function":[84],"economic":[92],"theories,":[93],"followed":[94],"by":[95],"discussion":[97],"issues":[99],"arising":[100],"point":[109],"view":[111],"authorities":[114],"regulators.":[116],"second":[118],"presents":[123],"results":[125],"analyses":[127],"relating":[128],"Hungarian":[131,178],"market":[134,157],"fees.":[137],"On":[138],"basis":[140],"these":[142],"results,":[143],"we":[144],"conclude":[145],"that":[146],"prudent":[147],"regulatory":[148],"intervention,":[149],"taking":[150],"into":[151],"account":[152],"both":[153],"primary":[154],"secondary":[156],"effects,":[158],"may":[159],"be":[160],"justified":[161],"relation":[163],"due":[168],"structure":[171],"level":[173],"development":[175],"market.":[179]},"counts_by_year":[{"year":2023,"cited_by_count":1},{"year":2021,"cited_by_count":1},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":1}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2016-06-24T00:00:00"}
