Journal Article
What's in your wallet? the future of cash
Abstract: The payment landscape has changed dramatically in recent years as new technologies have been brought to market. Yet, the demand for U.S. currency?cold, hard cash?shows no sign of fading. An empirical analysis indicates that alternative payment technologies have tended to keep cash growth in check, but other factors have more than offset this. Over the next 10 years, cash volume is projected to grow 1.7% per year.
Keywords: Cash transactions; Payment systems;
Access Documents
File(s): File format is application/pdf http://www.frbsf.org/publications/economics/letter/2011/el2011-33.pdf
File(s): File format is text/html http://www.frbsf.org/publications/economics/letter/2011/el2011-33.html
Authors
Bibliographic Information
Provider: Federal Reserve Bank of San Francisco
Part of Series: FRBSF Economic Letter
Publication Date: 2011
Order Number: 33