Genesis and Evolution of Digital Payment Platforms

Morten Hjelholt, Jan Damsgaard

    Publikation: Bidrag til bog/antologi/rapportKonferencebidrag i proceedingsForskningpeer review


    Payment transactions through the use of physical coins, bank notes or credit cards have for centuries been the standard formats of exchanging money. Recently online and mobile digital payment platforms has entered the stage as contenders to this position and possibly could penetrate societies thoroughly and substitute current payment standards in the decades to come. This paper portrays how digital payment paltforms evolve in socio-technical niches and
    how various technological platforms aim for institutional attention in their attempt to challenge earlier platforms and standards. The paper applies a co-evolutionary multilevel perspective to model the interplay and processes between technology and society wherein digital payment platforms potentially will substitute other payment platforms just like the credit card negated the check. On this basis this paper formulate a multilevel conceptual framework and shows, through examples of new digital payment platforms, how transitions
    and substitutions might occur. Finally we discuss how possible venues and routes of transitions appear in the genesis and evolution of digital payment platforms.
    TitelECIS 2012 Proceedings
    RedaktørerJan Pries-Heje, Mike Chiasson, Jonathan Wareham, Xavier Busquets, Josep Valor , Sandra Seiber
    Antal sider12
    UdgivelsesstedAtlanta, GA
    ForlagAssociation for Information Systems. AIS Electronic Library (AISeL)
    KapitelPaper 60
    ISBN (Elektronisk)9788488971548
    StatusUdgivet - 2012
    BegivenhedThe 20th European Conference on Information Systems (ECIS) 2012 - Eade Business School, Ramon Llull University, Barcelona, Spanien
    Varighed: 10 jun. 201213 jun. 2012
    Konferencens nummer: 20


    KonferenceThe 20th European Conference on Information Systems (ECIS) 2012
    LokationEade Business School, Ramon Llull University
    NavnProceedings of the European Conference on Information Systems


    • Digital payment platforms
    • Evolution
    • Transitions
    • Technology substitution