Payment scale economies from individual bank data

Wilko Bolt*, David Humphrey

*Corresponding author for this work

Research output: Contribution to JournalArticleAcademicpeer-review


The European Commission and the European Central Bank seek to lower payment costs within the Single Euro Payments Area (SEPA). Payment scale and scope economies estimated using previously unavailable individual bank data for the Netherlands over 1997-2005 show that costs can be markedly reduced through cross-border consolidation of payment processing operations, furthering the goal of SEPA and benefiting payment users.

Original languageEnglish
Pages (from-to)293-295
Number of pages3
JournalEconomics Letters
Issue number3
Publication statusPublished - Dec 2009


  • European payments
  • Payment scale economies
  • SEPA

Cite this