{"id":1262,"date":"2023-02-13T16:19:16","date_gmt":"2023-02-13T16:19:16","guid":{"rendered":"https:\/\/www.fiw.ac.at\/publications\/size-matters-economies-of-scale-in-european-payment-processing\/"},"modified":"2023-02-13T16:19:16","modified_gmt":"2023-02-13T16:19:16","slug":"size-matters-economies-of-scale-in-european-payment-processing","status":"publish","type":"publication","link":"https:\/\/www.fiw.ac.at\/en\/publications\/size-matters-economies-of-scale-in-european-payment-processing\/","title":{"rendered":"Size Matters: Economies of Scale in European Payment Processing"},"content":{"rendered":"\nThis paper investigates the existence and extent of economies of scale in the European payment processing industry. It is expected that the creation of a Single European Payments Area (SEPA) will spur consolidations and mergers among European payment processors to more fully realize payment economies of scale. We find evidence for the existence of significant economies of scale using data of eight European payment processors during the years 1990-2005. The analysis also reveals that ownership structure is an important factor to explain cost differences across European ACHs.\n\n","protected":false},"featured_media":0,"menu_order":0,"template":"","jelcode":[459,458],"keyword":[461,462,460,453],"class_list":["post-1262","publication","type-publication","status-publish","hentry","jelcode-c54","jelcode-e41","keyword-achs","keyword-ownership","keyword-payment-scale-economics","keyword-sepa"],"acf":{"year":2008,"month":1,"day":"","volume":"","number":"013","pages":20,"reviewed":"0","citeid":"FIW_WP_013","fiwseries":"FIW Working Papers","event":null},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Size Matters: Economies of Scale in European Payment Processing - FIW<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fiw.ac.at\/en\/publications\/size-matters-economies-of-scale-in-european-payment-processing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Size Matters: Economies of Scale in European Payment Processing - FIW\" \/>\n<meta property=\"og:description\" content=\"This paper investigates the existence and extent of economies of scale in the European payment processing industry. 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