Banco de Portugal has released a study entitled Retail Payments Instruments in Portugal: Costs and Benefits that compares net costs of different payments instruments in 2005. It shows that retail payments in Portugal in 2005 had estimated costs totalling €1,139 million and revenues totalling €722 million. These figures represented around 0.77% of GDP in terms [...]
The post Central bank study shows unprofitable payments appeared first on Payments Cards & Mobile.
