Better budgeting tools could encourage low earners to switch from cash to card
The Netherlands Bank publishes more research on payment choices
Enhanced budgeting and monitoring features in electronic payment instruments may encourage low earners to use debit cards more, according to research published by The Netherlands Bank earlier this month.
In Cash versus debit card: the role of budget control, Lola Hernandez, Nicole Jonker and Anneke Kosse note that both cash and the debit card are perceived by the public as "helpful" for managing their budgets.
"Individuals differ in major respects, however," the authors say. "In particular, low
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com