The growth of paperless money: retail payments in the United States continue to evolve
T. Stuart Desch and
Kiran Krishnamurthy
Richmond Fed Economic Brief, 2009, issue Jun, No 09-06
Abstract:
The use of electronic payment methods has increased rapidly over the last decade. Recent studies shed greater light on the forms these payments are taking ? and why checks still serve a vital function for certain transactions.
Keywords: Banks and banking; Payment systems (search for similar items in EconPapers)
Date: 2009
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