Johannes Lenhard's Blog – February 2013 Archive (1)

Bill Maurer on cashlessness and the importance of information in money (Seminar in Cambridge, 01/02/2013)

Dear all,

I was fascinated by a talk that Bill Maurer gave about his latest research with regulators and practitioners in the payment industry. First of all, his 'opening up' of the black box of (electronic) payment is worth mentioning. Payment is not merely the 'reading of the debit/credit card', but several 'stops' (such as the payment device, the 'switch' deciding whether it is debit or credit etc) accompany the transfer along the 'rail'. All of those stakeholders have…


Added by Johannes Lenhard on February 4, 2013 at 1:52pm — 7 Comments


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