Digital Payments and Business Resilience : Evidence in the Time of COVID-19 (English)

During the COVID-19 pandemic, consumers were encouraged to use contactless payments. An important policy question is whether merchants with contactless payment technology are more resilient to an external health shock than those without. Using a matched difference-in-differences setting on unique merchant card-sales transaction data, this study finds that merchants with contactless payment technology increase their card-sales amount (count) on average...
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Citation

Camara,Youssouf.

Digital Payments and Business Resilience : Evidence in the Time of COVID-19 (English). COVID-19 (Coronavirus)|Policy Research working paper|no. WPS 9665 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/254831621276819378

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