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Volume: 1 Issue: 8
(May 2007)
Keywords:
netherlands
retail payments
philip klopper
de nederlandsche bank
retail payments sector
Authors:
philip klopper
Organisations:
de nederlandsche bank
Jurisdictions:
netherlands
Netherlands: Nonbanks in the retail payments system
The entry of nonbanks into the Dutch retail payments system has enhanced competition and cost efficiency. Nicole Jonker and Philip Klopper, of De Nederlandsche Bank, explain the challenges for public authorities in regulating these new market players without removing the efficiencies that they bring to the retail payments sector.
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