Competitive Aspects of Electronic Funds Transfer Systems: The Emerging Pattern of Point‐of‐Sale Networks
作者:
Philip L. Williams,
期刊:
Australian Economic Review
(WILEY Available online 1987)
卷期:
Volume 20,
issue 1
页码: 31-38
ISSN:0004-9018
年代: 1987
DOI:10.1111/j.1467-8462.1987.tb00655.x
出版商: Blackwell Publishing Ltd
数据来源: WILEY
摘要:
AbstractA system for transferring funds electronically at the point of sale is a substitute for other means by which funds can be transferred. The gateways in the EFT‐POS system being implemented by the principal Australian banks appear to deny full participation to other financial intermediaries. But the gateways may be needed if those responsible for the innovations are to secure an adequate return on their investment. Current bargaining among retailers, financial intermediaries and Telecom will determine the extent of the return which will accrue to the principal bank
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