Systèmes de paiement électronique, régime monétaire et intermédiation bancaire *

Authors

  • C. PICORY Ecole Nationale Supérieure des Télécommunications à Paris

Keywords:

E-money, E-commerce, Payment arrangements, Monetary regime, Payment regulation, Smart cards, E-wallet, Credit cards, Money creation, Backed system, Risk, Uncertainty

Abstract

About the Internet, there have been a number of indications recently, that the use of electronic methods not only for expanding business or creating new business, but also for making payments, may introduce a new " industrial and monetary " order. This idea, (millenarianism ?) implies a large adoption of new technologies, of e-business opportunities and usages and finally, the resolution of e-payment problems, especially taking into account the Internet's characteristics (decentralization and aperture). These problems do not depend only on implementation of information's technologies, cryptography or network management. Because payments concern the core of the market's economy, the e-payment systems involve i) the monetary regime - i.e. forms and nature of money creation - and ii) agents qualified to create money. On these points, the emergence of e-payment systems is not anodyne, because it participates in the evolution of the actual monetary regime in the direction of a weakening between money supply, quantity of money and economy financing by bank's credit. It participates also in the evolution of the " banking industry " in the direction of a real disintermediation.

How to Cite

PICORY, C. (1997). Systèmes de paiement électronique, régime monétaire et intermédiation bancaire *. Systèmes d’Information Et Management (French Journal of Management Information Systems), 2(4). Retrieved from https://revuesim.org/index.php/sim/article/view/34

Issue

Vol. 2 No. 4 (1997)

Section

Empirical Research Article

License

The author bears the responsibility for checking whether material submitted is subject to copyright or ownership rights (e.g. figures, tables, photographs, illustrations, trade literature and data). The author will need to obtain permission to reproduce any such items, and include these permissions with their final submission.

It is our policy to ask all contributors to transfer for free the copyright in their contribution to the journal owner. There are two broad reasons for this:

  • ownership of copyright by the journal owner facilitates international protection against infringement of copyright, libel or plagiarism;
  • it also ensures that requests by third parties to reprint or reproduce a contribution, or part of it, in either print or electronic form, are handled efficiently in accordance with our general policy which encourages dissemination of knowledge within the framework of copyright.

 

In conformity with the French law, the author keeps the 'moral rights' related to the article:

  • The 'authorship right': It is the author's right to have his name associated with each publication and exploitation of the article.
  • The 'integrity right': It can be claimed by the author if he finds that during an exploitation, his work has been distorted (cutting, reassembly...).