The costs of point-of-sale payments in Switzerland
Type
work report
Date Issued
2024-01-18
Author(s)
Abstract
The overall economic costs associated with point-of-sale payments in Switzerland are by no means negligible. In 2022, the resource costs amounted to around CHF 4.9 billion. This corresponded to 0.64 percent of gross domestic product (GDP). The level of costs varies greatly depending on the stakeholder and means of payment. At 0.30 per cent of GDP, retailers had the highest resource costs, while the financial sector had the second highest resource costs at 0.21 per cent of GDP. This is followed by consumers and the SNB (the latter’s costs, at ca. 0.03 per cent of GDP for private and resource costs, were negligible).
Language
English
Keywords
cash
debit card
credit card
means of payment
costs
Division(s)
Contact Email Address
tobias.truetsch@unisg.ch
File(s)![Thumbnail Image]()
Name
Report_Cost_POS_Payments_final2.pdf
Size
1.39 MB
Format
Adobe PDF
Checksum (MD5)
7f14239e1aceafe712e25525f35b464d