Changing Face of Money: Will Electric Money Be Adopted in the United States?Although the cashless society has been predicted for at least twenty years, the new forms of card-based and software based electronic money may prove to be a partial alternative to the current forms of payment. This study examines these emerging electronic money systems and their possible adoption, primarily in the United States. |
Contents
| 3 | |
An Overview of Electronic MoneyIts Forms and Functions | 25 |
Innovation Diffusion and Electronic Money 69 49 | 69 |
Electronic Money Pilot Programs | 71 |
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Changing Face of Money: Will Electric Money Be Adopted in the United States? Barbara Ann Good No preview available - 2015 |
Common terms and phrases
able acceptance addition addressed adoption adoption rate advantages allow American Banker appear applications aspects associated banks basis become benefits cash cellular chapter chip companies concerns considered consumers convenience countries credit cards customers debit cards devices diffusion discussed early economic Edition electronic money systems expected factors Federal Reserve functions future groups idea important increase industry initial innovation interest International Internet involved issuers issues limits major MasterCard merchants Mondex monetary network externalities noted offered On-line payments method phones pilot potential prepaid cards Press programs purchases purse regarding Regulation regulatory relative requirements result retail risk similar smart cards social software-based specific standards stored stored-value cards successful telephones term transactions transfer trial types United University value cards views Visa York