The Retail Payment Costs and Savings in Albania

This report is based on a study of the costs and savings of retail payments in Albania using a methodology (A Practical Guide for Measuring Retail Payment Costs) developed by the World Bank’s Payment Systems Development Group, part of the Financial...

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Main Author: World Bank Group
Format: Report
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
Online Access:http://documents.worldbank.org/curated/en/318231529480715381/The-retail-payment-costs-and-savings-in-Albania
http://hdl.handle.net/10986/30060
id okr-10986-30060
recordtype oai_dc
spelling okr-10986-300602021-05-25T09:15:56Z The Retail Payment Costs and Savings in Albania World Bank Group ELECTRONIC PAYMENT TRANSACTION ACCOUNT ACCESS TO FINANCE PAYMENT INSTRUMENT RETAIL PAYMENT SYSTEM PAYMENT CARDS CREDIT This report is based on a study of the costs and savings of retail payments in Albania using a methodology (A Practical Guide for Measuring Retail Payment Costs) developed by the World Bank’s Payment Systems Development Group, part of the Financial Inclusion, Infrastructure, and Access at the Finance, Competitiveness, and Innovation Global Practice. By applying this methodology to Albania, the study aims to establish a sound economic baseline for the national retail payments system in terms of costs of different payment instruments to better guide system development and enable high-impact changes. Moreover, the methodology allows for the development of substitution scenarios (from more costly to less costly retail payment instrument) and the resulting cost savings. It is designed based on four main principles: applicability, comparability, efficiency, and standardization and can be adapted to country-specific circumstances without losing its comparative nature, across time and across countries. 2018-07-20T15:01:36Z 2018-07-20T15:01:36Z 2018-06 Report http://documents.worldbank.org/curated/en/318231529480715381/The-retail-payment-costs-and-savings-in-Albania http://hdl.handle.net/10986/30060 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Financial Sector Study Europe and Central Asia Albania
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ELECTRONIC PAYMENT
TRANSACTION ACCOUNT
ACCESS TO FINANCE
PAYMENT INSTRUMENT
RETAIL PAYMENT SYSTEM
PAYMENT CARDS
CREDIT
spellingShingle ELECTRONIC PAYMENT
TRANSACTION ACCOUNT
ACCESS TO FINANCE
PAYMENT INSTRUMENT
RETAIL PAYMENT SYSTEM
PAYMENT CARDS
CREDIT
World Bank Group
The Retail Payment Costs and Savings in Albania
geographic_facet Europe and Central Asia
Albania
description This report is based on a study of the costs and savings of retail payments in Albania using a methodology (A Practical Guide for Measuring Retail Payment Costs) developed by the World Bank’s Payment Systems Development Group, part of the Financial Inclusion, Infrastructure, and Access at the Finance, Competitiveness, and Innovation Global Practice. By applying this methodology to Albania, the study aims to establish a sound economic baseline for the national retail payments system in terms of costs of different payment instruments to better guide system development and enable high-impact changes. Moreover, the methodology allows for the development of substitution scenarios (from more costly to less costly retail payment instrument) and the resulting cost savings. It is designed based on four main principles: applicability, comparability, efficiency, and standardization and can be adapted to country-specific circumstances without losing its comparative nature, across time and across countries.
format Report
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title The Retail Payment Costs and Savings in Albania
title_short The Retail Payment Costs and Savings in Albania
title_full The Retail Payment Costs and Savings in Albania
title_fullStr The Retail Payment Costs and Savings in Albania
title_full_unstemmed The Retail Payment Costs and Savings in Albania
title_sort retail payment costs and savings in albania
publisher World Bank, Washington, DC
publishDate 2018
url http://documents.worldbank.org/curated/en/318231529480715381/The-retail-payment-costs-and-savings-in-Albania
http://hdl.handle.net/10986/30060
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