Mr Schmidt and I look at the cultural aspects of means of payment. Our study shows that we perceive cash in our own currency as psychologically proximal and credit cards as distant, whereas both foreign cash and credit cards are perceived as psychologically distant. 

Research report: https://www.researchgate.net/publication/348327743_Cash_vs_Card_vs_Mobile_Payment_Psychological_Mechanisms_for_Means_of_Payment_Summary_of_research_results

Mr Schmidt and I look at the cultural aspects of means of payment. Our study shows that we perceive cash in our own currency as psychologically proximal and credit cards as distant, whereas both foreign cash and credit cards are perceived as psychologically distant. Research report: https://www.researchgate.net/publication/348327743_Cash_vs_Card_vs_Mobile_Payment_Psychological_Mechanisms_for_Means_of_Payment_Summary_of_research_results

Mr Schmidt and I look at the cultural aspects of means of payment. Our study shows that we perceive cash in our own currency as psychologically proximal and credit cards as distant, whereas both foreign cash and credit cards are perceived as psychologically distant.&nbsp;

Research report: https://www.researchgate.net/publication/348327743_Cash_vs_Card_vs_Mobile_Payment_Psychological_Mechanisms_for_Means_of_Payment_Summary_of_research_results

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Means of payment: Culture matters

This podcast is dedicated to research in the field of general management. We provide you with information about our recent studies, interesting academic discoveries, as well as practical implications of research for managers and firms.

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Means of payment: Culture matters

Means of payment: Culture matters