Journal Article

Electronic payments in retrospect


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.

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Bibliographic Information

Provider: Federal Reserve Bank of Richmond

Part of Series: Economic Review

Publication Date: 1988

Volume: 74

Issue: Mar

Pages: 16-19