| By: |
Milo Bianchi (TSE - Toulouse School of Economics - UT1 - Université Toulouse 1 Capitole - Université Fédérale Toulouse Midi-Pyrénées - EHESS - École des hautes études en sciences sociales - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement, TSM - Toulouse School of Management Research - CNRS - Centre National de la Recherche Scientifique - TSM - Toulouse School of Management - UT1 - Université Toulouse 1 Capitole - Université Fédérale Toulouse Midi-Pyrénées - UT1 - Université Toulouse 1 Capitole - Université Fédérale Toulouse Midi-Pyrénées);
Matthieu Bouvard (TSE - Toulouse School of Economics - UT1 - Université Toulouse 1 Capitole - Université Fédérale Toulouse Midi-Pyrénées - EHESS - École des hautes études en sciences sociales - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement, TSM - Toulouse School of Management Research - CNRS - Centre National de la Recherche Scientifique - TSM - Toulouse School of Management - UT1 - Université Toulouse 1 Capitole - Université Fédérale Toulouse Midi-Pyrénées - UT1 - Université Toulouse 1 Capitole - Université Fédérale Toulouse Midi-Pyrénées);
Renato Gomes (TSE - Toulouse School of Economics - UT1 - Université Toulouse 1 Capitole - Université Fédérale Toulouse Midi-Pyrénées - EHESS - École des hautes études en sciences sociales - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement, CNRS - Centre National de la Recherche Scientifique);
Andrew Rhodes (TSE - Toulouse School of Economics - UT1 - Université Toulouse 1 Capitole - Université Fédérale Toulouse Midi-Pyrénées - EHESS - École des hautes études en sciences sociales - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement);
Vatsala Shreeti (TSE - Toulouse School of Economics - UT1 - Université Toulouse 1 Capitole - Université Fédérale Toulouse Midi-Pyrénées - EHESS - École des hautes études en sciences sociales - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement) |
| Abstract: |
We connect various streams of academic literature to shed light on how the
degree of interoperability in mobile payments affects market outcomes and
welfare. We organize our discussion around four dimensions of
interoperability. First, we consider mobile network interoperability (whether
clients of one telecom can access another telecom's payment services) in
connection with the IO literature on tying. Second, we discuss platform level
interoperability (the ability to send money offnetwork) in light of the
literature on compatibility. We also build on the behavioral IO literature to
suggest how the effects of interoperability may be very heterogeneous across
various types of firms and consumers, or even backfire. Third, we consider
interoperability in the cash-in-cash-out agent network, in light of the
literature on co-investment in network industries, and of more specific
studies on ATMs' interoperability. Fourth, we discuss how the literature in
banking and on data ownership can be used to understand interoperability of
data. We conclude with some broader remarks on policy implications and on
possible directions for future research. |
| Keywords: |
Mobile Payments,Interoperability,Financial Inclusion,Competition,Policy. |
| Date: |
2022–04–04 |
| URL: |
http://d.repec.org/n?u=RePEc:hal:wpaper:hal-03629513&r= |