Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/272979 
Erscheinungsjahr: 
2022
Schriftenreihe/Nr.: 
Bank of Canada Staff Working Paper No. 2022-35
Verlag: 
Bank of Canada, Ottawa
Zusammenfassung: 
Why do BigTech platforms introduce payment services? Digital platforms often run business models where activities on the platform generate data that can be monetized off the platform. There is a trade-off between the value of such data and the privacy concerns of users, since platforms need to compensate users for their privacy loss by subsidizing activities. The nature of complementarities between data and payments determines whether and how payment services are provided. When data help to provide better payments (data-driven payments), platforms have too little incentive to adopt. When payments generate additional data (payments-driven data), platforms may adopt payments inefficiently.
Schlagwörter: 
Digital currencies and fintech
Payment clearing and settlement systems
JEL: 
D8
E42
L1
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
Working Paper
Erscheint in der Sammlung:

Datei(en):
Datei
Größe
648.47 kB





Publikationen in EconStor sind urheberrechtlich geschützt.