Payments involve considerable economies of scale
This analysis presents the marginal social costs for domestic consumer-to-business,
C2B, payments. The analysis covers cash payments and payment cards.
This analysis presents the social costs of domestic business-to-business payments in Denmark. The analysis includes the most common methods of payments between firms which are credit transfers, card payments, and direct debits.
This analysis presents for the first time the social costs of domestic per-son-to-person transfers in Denmark. The analysis includes the most com-mon methods of person-to-person transfers: mobile payments, cash payments and credit transfers.
The analysis presents the aggregate costs of payments in Denmark. I.e., consumer-to-business payments, business-to-business payments, and person-to-person transfers. In addition, the analysis gives insight into the development in the payments market during the last decade.
This analysis presents the socials costs of domestic consumer-to-business payments in Denmark. In the analysis, cash, payment cards, and the most common payment methods for paying bills are examined.
The paper describes the central concepts in the analyses as well as how the Danish Payments Council has collected data for the survey.
The Danish Payments Council has published a report about non-banks in the payments market in Denmark and abroad. Non-banks comprise a wide range of firms, spanning from small fintech start-ups providing high-tech payment services to large, global firms deciding to include payments in their business area. Among other things the report concludes, that so far, non-banks have gained only a limited foothold in the payments market in Denmark, but especially some of the global firms has the greatest potential to become significant players in the Danish payments market. New Danish non-banks focus mainly on services linked to payments. This could e.g. be solutions to replace paper receipts and slips, digital checkout systems and e-invoices that are automatically read into the payer's ERP system.
The Danes use relatively less cash in retail stores today than they did just a few years ago. New payment solutions are rapidly gaining ground and could present alternatives to cash. Although Denmark is not moving towards a cashless society, the tendency for cash to play a smaller role as a means of payment will continue. The Danish Payments Council has made a report on the role of cash in society.
The Danish Payments Council has published a report on business-to-business payments in Denmark. The analysis is the first of its kind in Denmark and is based on a sample survey and interviews with individual Danish firms. The report was presented at a seminar hosted by the Confederation of Danish Industry on behalf of the Danish Payments Council.