Description
“Payments Systems within the U.S.” is a comprehensive description of the payments systems (cards, checks, ACH, wires, and cash) that move money between and among consumers and enterprises within the U.S. In clear and energetic writing, the authors provide an explanation for how the payments systems work, how they evolved, who uses them, who provides them, who profits from them, and how they’re changing. Any individual within the payments industry – or needing to make use of payments products – can get pleasure from understanding this. The third edition updates details about each and every system, adds a chapter on payments innovation, and features a glossary of industry terminology.