Inter-American Development Bank: 'When Interoperability Increases Market Power: Evidence From Peru's Instant Payment Systems'
December 24, 2025
December 24, 2025
WASHINGTON, Dec. 24 (TNSLrpt) -- The Inter-American Development Bank issued the following white paper in December 2025 entitled "When Interoperability Increases Market Power: Evidence from Peru's Instant Payment Systems."
Here are excerpts:
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1 Introduction
The rapid expansion of instant payment systems promises substantial economic benefits, including lower transaction costs and enhanced financial inclusion. Central to reali . . .
Here are excerpts:
* * *
1 Introduction
The rapid expansion of instant payment systems promises substantial economic benefits, including lower transaction costs and enhanced financial inclusion. Central to reali . . .