Why We're Building Recurring Payments Differently - ATProtoFans Blog

The Rules of Recurring Payments: Every Constraint Has a Story - ATProtoFans Blog

Part 2 of our "Building Recurring Payments in Public" series where we give some context the behaviors, constraints, and definitions of recurring payments.

Scenarios That Shape Our System - ATProtoFans Blog

Part 3 of our "Building Recurring Payments in Public" series where we give describe real-world scenarios based on our behaviors, constraints, and definitions.

Payments on Protocol - Nick's Blog

atprotofans.com was a proof of concept for payments on ATProtocol built at Graze Social. This post is about what we built, why proof of payment on protocol matters, and what it makes possible.

Families' Use of Payment Instruments During a Decade of Change in the U.S. Payment System

The Federal Reserve Board of Governors in Washington DC.

Revenue Architecture

The Textbook behind the Foundational Principles of Recu…

Payment Depreciation: the Behavioral Effects of Temporally Separating Payments From Consumption

Abstract. Research suggests that individuals mentally track the costs and benefits of a consumer transaction for the purpose of reconciling those costs and

Credit Card Debt Puzzle: Liquid Assets to Pay Bills

Using transaction data from a US consumer payments diary, we revisit the credit card debt puzzle—a scenario in which consumers revolve credit card debt while al

Effects of Payment Mechanism on Spending Behavior: The Role of Rehearsal and Immediacy of Payments

Abstract. Past expenses have been shown to influence future spending behavior by depleting available budgets. However, a prerequisite for this relationship

Why do banks reward their customers to use their credit cards?

EconStor is a publication server for scholarly economic literature, provided as a non-commercial public service by the ZBW.

Monopoly money: The effect of payment coupling and form on spending behavior.

Locked Open: Why Anyone Can Be a Broker - ATProtoFans Blog

Part 4 of our "Building Recurring Payments in Public" series where we talk about being "locked open" and what it means to be a participant in the communities we support.

Timing to the Statement: Understanding Fluctuations in Consumer Credit Use

We show that consumers spend 15% more per day in the first week following the receipt of a credit card statement than in the days just prior to the statement. This increase in spending includes both an increase in the likelihood that they use the credit card in the first weeks following their statement and an increase in transaction amount on days they use the credit card. In contrast to the effect on credit card spending, debit card spending is unaffected by credit card statement issuance, suggesting that consumers are not simply switching among modes of payment. Our estimates are based on exogenous variation from bank-assigned statement dates. We propose and test several alternative explanations to this spending puzzle: optimization of the free float, salience effect of the credit card statement, mental accounting, liquidity constraints, and automatic payments. We find that the consumers most apt to spend early in the credit card cycle tend to be those who do not revolve balances and are not close to their credit limit. Thus, this paper documents a puzzle with mixed support for several alternative explanations. This paper was accepted by David Simchi-Levi, finance.