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Swiss National Bank
The Swiss National Bank conducts the country’s monetary policy as an independent central bank. It is obliged by the Constitution and by statute to act in accordance with the interests of the country as a whole. Its primary goal is to ensure price stability, while taking due account of economic developments. In so doing, it creates an appropriate environment for economic growth.

SNB News

WP – 2023-12-22 – Martin Brown, Laura Felber and Christoph Meyer: Consumer adoption and use of financial technology: “tap and go” payments

Keywords Payment choice, Financial intermediation, Technology adoption, Contactless payments, COVID-19 Financial intermediaries play an important role in consumer adoption and use of payment technology. Card schemes and card-issuing banks set rules for cashless payments between consumers and merchants. We document that these rules have a strong causal impact on the...

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