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Chicago Fed Letter, No. 218a, September 2005
Innovations, Incentives and Regulation: Forces Shaping the Payments Environment (Special Issue)

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.



Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604-1413, USA. Tel. (312) 322-5322

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