Journal article

Publication year: 2019

Pages: 381-387

Journal: Finance Research Letters

Volume number: 28

ISSN: 1544-6123

eISSN: 1544-6131

DOI Link: https://doi.org/10.1016/j.frl.2018.06.009

Publisher: Elsevier

Abstract: 
This study investigates whether the use of mobile payment technology is associated with individuals' credit card (mis-)behavior. Using a sample of more than 25,000 US households, we find that individuals using their smartphones to conduct mobile payments are more likely to exhibit costly credit card behavior. In addition, conditional on using mobile payments, our results provide further evidence that frequent usage of mobile payments is related to individuals' costly credit card behavior. Thus, our findings suggest a relationship between innovative payment methods and increases in individuals' overall spending.

Harvard Citation style: Meyll, T. and Walter, A. (2019) Tapping and waving to debt: Mobile payments and credit card behavior, Finance Research Letters, 28, pp. 381-387. https://doi.org/10.1016/j.frl.2018.06.009

APA Citation style: Meyll, T., & Walter, A. (2019). Tapping and waving to debt: Mobile payments and credit card behavior. Finance Research Letters. 28, 381-387. https://doi.org/10.1016/j.frl.2018.06.009