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Electronic payments in retrospect

Author

Listed:
  • Bruce J. Summers

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.

Suggested Citation

  • Bruce J. Summers, 1988. "Electronic payments in retrospect," Economic Review, Federal Reserve Bank of Richmond, vol. 74(Mar), pages 16-19.
    • Handle: RePEc:fip:fedrer:y:1988:i:mar:p:16-19:n:v.74no.2
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