Munich Personal RePEc Archive

ATM Direct Charging Reform: the Effect of Independent Deployers on welfare

Donze, Jocelyn and Dubec, Isabelle (2009): ATM Direct Charging Reform: the Effect of Independent Deployers on welfare.

[img]
Preview
PDF
MPRA_paper_15818.pdf

Download (244Kb) | Preview

Abstract

Recently in Australia, the interchange fees on shared ATM transactions were removed and replaced by a fee directly set and received by the ATM owner ("direct charging scheme"). We develop a model to study how the entry of independent ATM deployers (IADS) affects welfare under the direct charging scheme. Paradoxically, we show that the entry of IADS benefits banks ! It is also good for consumers if they sufficiently value the ATMs deployed by the independent deployers.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.