Forces shaping the payments environment: a summary of the Chicago Fed’s 2005 Payments Conference

Sujit Chakravorti and Carrie Jankowski

Chicago Fed Letter, 2005, issue Oct, No 219a

Abstract: Three main forces?innovations, incentives, and regulation?have affected the migration to more efficient payment mechanisms. Though several payment alternatives have been introduced recently, many have not been widely adopted. The Chicago Fed held a conference to explore why certain payment innovations have been more successful than others.

Keywords: Payment; systems (search for similar items in EconPapers)
Date: 2005
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