Payment Cards Center Publications

Discussion Papers

Discussion papers are written by center staff for a wide audience, including industry professionals, regulators, consumers, and academics. Discussion papers can be based on PCC-sponsored workshops or on original staff research.

Recent Releases:

• DP 12-05: Small Business Use of Credit Cards in the U.S. Market
• DP 12-04: The Efficiency and Integrity of Payment Card Systems: Industry Views on the Risks Posed by Data Breaches
• DP12-03: Do We Still Need the Equal Credit Opportunity Act?
• DP12-02: Consumers’ Use of Prepaid Cards: A Transaction-Based Analysis
• DP12-01: A Prepaid Case Study: Ready Credit’s General-Purpose & Transit-Fare Programs
• DP11-05: Insolvency Risk in the Network-Branded Prepaid-Card Value Chain
• DP11-04: Meeting the Demand for Debt Relief
• DP11-03: Federal Regulation of the Prepaid Card Industry: Costs, Benefits, and Changing Industry Dynamics
• DP11-02: The Electronification of Transit Fare Payments: Examining the Case for Partnerships Between Payments Firms and Transit Agencies

More Discussion Papers…

Update Newsletter

Update is a periodic publication highlighting Payment Cards Center activities and industry developments of interest to those in the payment cards industry, academia, and the public policy sector.

Special Edition 2012

To help guide you through the latest changes to the Payment Cards Center’s web pages, we are pleased to announce that we’ve published a special edition of Update newsletter. In this edition, you can view a screen shot highlighting the new web features.

Read the newsletter. (341 KB, 8 pages)

Update Newsletter Main Page…

PCC Note

The PCC Note is a short article written by Payment Cards Center staff that highlights current topics related to consumer credit and payments. Like Discussion Papers, the PCC Note was developed to provide timely information for a diverse audience, including professionals, regulators, consumers, and academics. Papers will be added to this collection periodically.

Recent Releases:

• 10-01: Contactless Consumer Payments: A Look at Rules, Laws, and Regulations That Apply to Over-the-Air Communication of Consumers’ Payment Information (303 KB, 8 pages)
• 09-01: The Credit Card Act of 2009 and Prepaid Cards (277 KB, 5 pages)

PCC Note Main Page…

Conference Summaries

Recent Releases:

• CS12-01: Government Use of the Payment Card System: Issuance, Acceptance, and Regulation

Working Papers

• 13-12: Modeling the Credit Card Revolution: The Role of Debt Collection and Informal Bankruptcy by Lukasz A. Drozd and Ricardo Serrano-Padial
• 12-22: The Agglomeration of R&D Labs by Gerald Carlino, Robert M. Hunt, Jake K. Carr, and Tony E. Smith
• 12-12: Getting Rid of Paper: Savings from Check 21 by David B. Humphrey and Robert Hunt
• 11-17: Limited and Varying Consumer Attention: Evidence from Shocks to the Salience of Bank Overdraft Fees by Victor Stango and Jonathan Zinman
• 11-11: Is Technology-Enhanced Credit Counseling as Effective as In-Person Delivery? by John M. Barron and Michael E. Staten
• 10-13: What "Triggers" Mortgage Default? by Ronel Elul, Nicholas S. Souleles, Souphala Chomsisengphet, Dennis Glennon, and Robert Hunt
• 08-32 Restricting Consumer Credit Access: Household Survey Evidence on Effects Around the Oregon Rate Cap by Jonathan Zinman
• 08-18 In Harm's Way? Payday Loan Access and Military Personnel Performance by Scott Carrell and Jonathan Zinman
• 07-34 The Reaction of Consumer Spending and Debt to Tax Rebates: Evidence from Consumer Credit Data by Sumit Agarwal, Chunlin Liu, and Nicholas Souleles
• 07-33 Net Worth and Housing Equity in Retirement by Todd Sinai and Nicholas Souleles
• 07-32 Payment Network Scale Economies, SEPA, and Cash Replacement
  by Wilko Bolt and David Humphrey
• 07-20 Intellectual Property Rights and Standard Setting in Financial Services: The Case of the Single European Payments Area by Robert M. Hunt, Samuli Simojoki, and Tuomas Takalo