The impact of multi-acquiring in the payment system: evidence from the Uruguayan financial inclusion program

2025/07/09 by Néstor Gándelman, Néstor Gandelman, Flavia Roldán +1 · 1 voice
Business, Management and Accounting · Economics, Econometrics and Finance · Engineering · #Digital Platforms and Economics #ICT Impact and Policies #Microfinance and Financial Inclusion

paper · doi:10.1007/s11149-025-09494-9

crossref issued 2025/07/09 · crossref published 2025/07/09 · crossref published-online 2025/07/09 · openalex publication_date 2025/07/09 · crossref created 2025/07/10 · crossref published-print 2025/10/01 · openalex created_date 2025/10/10 · crossref deposited 2025/10/25 · crossref indexed 2025/10/25 · openalex updated_date 2026/07/29

Citations

• American Economic Journal: Economic Policy
• Two-sided markets: a progress report

Discussions

• From our October 2025 issue: Uruguay’s move to multi-acquiring reshaped its payment system. A 2025 study finds: 📉 Lower market concentration 🏦 More competition + new entrants 💰 Fees stabilized eve [bsky, 0 points, 0 comments]