Card-Sales Response to Merchant Contactless Payment Acceptance: Causal Evidence

David Bounie 1, 2 Youssouf Camara 3
2 ECOGE - Economie Gestion
I3, une unité mixte de recherche CNRS (UMR 9217) - Institut interdisciplinaire de l’innovation
Abstract : Disruptive innovations in digital payments are happening in a large number of countries around the world. While consumers may access to a wide variety of payment technologies, a natural question arises: does accepting a new payment technology allow merchants to increase their business sales? Using matching and difference-indifference techniques on a unique sample of about 275,580 merchants in France, we find that accepting contactless payments in 2018 increases on average the card-sales amount by 17 percent (and by 20 percent the card-sales count) compared to merchants who do not accept con-tactless payments. We also find evidence that accepting contactless payments exerts a positive spillover of about 3 percent in the amount of contact card sales, and is also more profitable for small merchants and new entrepreneurs.
Document type :
Preprints, Working Papers, ...
Complete list of metadatas

Cited literature [46 references]  Display  Hide  Download
Contributor : David Bounie <>
Submitted on : Wednesday, September 25, 2019 - 10:06:22 AM
Last modification on : Thursday, September 26, 2019 - 1:26:02 AM


Files produced by the author(s)


  • HAL Id : hal-02296302, version 1



David Bounie, Youssouf Camara. Card-Sales Response to Merchant Contactless Payment Acceptance: Causal Evidence. 2019. ⟨hal-02296302⟩



Record views


Files downloads