Briefing

The growth of paperless money: retail payments in the United States continue to evolve


Abstract: The use of electronic payment methods has increased rapidly over the last decade. Recent studies shed greater light on the forms these payments are taking ? and why checks still serve a vital function for certain transactions.

Keywords: Banks and banking; Payment systems;

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Bibliographic Information

Provider: Federal Reserve Bank of Richmond

Part of Series: Richmond Fed Economic Brief

Publication Date: 2009

Issue: Jun

Order Number: 09-06