The proportion of retail, non-cash payments made electronically in the U.S. grew from 15% in 1979 to 40% in 2000. A recent Chicago Fed conference addressed the important question of whether today's payment networks can adequately support emerging payment technologies.
On This PageOctober 2003, No. 194
Can Existing Payment Networks Meet Future Needs? A Conference Summary
Last Updated: 09/11/03