Electronic payments in retrospect

Bruce J. Summers

Economic Review, 1988, vol. 74, issue Mar, 16-19

Abstract: Contrary to expectations, the growth rate of total ACH payments handled by private and public processors has been slowing, not increasing. Such payments will never materially supplant checks until certain legal and institutional changes are made.

Keywords: Electronic funds transfers; Payment systems (search for similar items in EconPapers)
Date: 1988
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