Why do we use so many checks?

The authors identify underlying disincentives for payment system participants to migrate to electronic payments. Their analysis sheds light on why check usage remains higher in the United States relative to other industrialized countries when the real resource cost of processing payments may decrease by using electronic payment networks.

MoreLess

Year of publication:	2002
Authors:	Chakravorti, Sujit ; McHugh, Timothy
Published in:	Economic Perspectives. - Federal Reserve Bank of Chicago. - 2002, Q III, v. 26, no. 3, p. 44-59
Publisher:	Federal Reserve Bank of Chicago
Subject:	Checks \| Payment systems

More details

Extent:	application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005713083