Section 1 of the Norges Bank Act requires the Bank to “promote an efficient payment system domestically as well as vis-à-vis other countries.” An efficient payment system ensures that payments are made quickly and securely, at low cost and in a way that meets users’ needs. The present survey maps the cost-effectiveness of the Norwegian payment system. Similar surveys were carried out in 1988, 1994, 2001 and 2007.
Norges Bank Papers;5/2014
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