Norges Bank Economic Bulletin, December 2006

The latest edition of Norges Bank's Economic Bulletin for December 2006 includes the article 'A retrospective on the introduction of prices in the Norwegian payment system'. The article provides an account of the transition from free services to direct pricing of payment transactions, and the benefits of the transition.

During the 1980s, Norwegian banks introduced direct pricing of customers' use of payment services. Direct pricing of payment services is relatively uncommon in other countries and

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