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.
On This PageSeptember 2005, No. 218a
Innovations, Incentives and Regulation: Forces Shaping the Payments Environment (Special Issue)
Last Updated: 08/23/05