Emerging Electronic Methods for Making Retail Payments

Emerging Electronic Methods for Making Retail Payments

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The emergence of new electronic payment methods is raising federal concern about the effects they may have on the federal budget and monetary policy. This study suggests that the market for these payment methods is likely to emerge slowly, allowing time for gradual adjustment. It fully explains all of the new payment methods and their usefulness. Contents: stored-value cards, on-line payment systems (electronic checking accounts, on-line scrip, home banking systems), and policy issues (regulation, alegal). Glossary. Charts and graphs.However, if business uses predominated in Internet commerce, the use of credit cards on-line would probably be more ... That process is similar to the current authorization that accompanies credit card purchases, except that First Virtual sendsanbsp;...

Title:Emerging Electronic Methods for Making Retail Payments
Author:Judith S. Ruud, Philip Webre
Publisher:DIANE Publishing - 1996-08-01


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