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Are consumers cashing out?

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  • Paul W. Bauer
  • Daniel Littman
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    Abstract

    The information age has led to many new forms of payment, including credit cards, debit cards, and online banking. In many ways, these new mechanisms seem preferable to cash. While the disappearance of cash is a very long way off, it seems people are starting to use it less.

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    File URL: http://www.clevelandfed.org/research/Commentary/2007/1001.pdf
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    Bibliographic Info

    Article provided by Federal Reserve Bank of Cleveland in its journal Economic Commentary.

    Volume (Year): (2007)
    Issue (Month): Oct ()
    Pages:

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    Handle: RePEc:fip:fedcec:y:2007:i:oct1

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    Related research

    Keywords: Cash transactions ; Payment systems ; Consumer behavior;

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    Cited by:
    1. Robin A. Prager & Mark D. Manuszak & Elizabeth K. Kiser & Ron Borzekowski, 2009. "Interchange fees and payment card networks: economics, industry developments, and policy issues," Finance and Economics Discussion Series 2009-23, Board of Governors of the Federal Reserve System (U.S.).

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