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Innovations, incentives, and regulation: forces shaping the payments environment


Abstract: The migration to more efficient payment mechanisms is affected by innovations, incentives, and regulation. While advances in technology have yielded numerous payment method alternatives, many have not been widely adopted. A recent Chicago Fed conference explored why certain payment innovations have been more successful than others.

Keywords: Payment systems;

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Provider: Federal Reserve Bank of Chicago

Part of Series: Chicago Fed Letter

Publication Date: 2005

Issue: Sep

Order Number: 218a