The changing face of money : will electronic money be adopted in the United States? / Barbara Ann Good.

Format:

Book

Author/Creator:

Good, Barbara Ann, author.

Series:

Financial Sector of the American Economy

Financial sector of the American economy

Language:

English

Subjects (All):

Electronic funds transfers--United States.

Electronic funds transfers.

Physical Description:

1 online resource (230 p.)

Edition:

1st ed.

Place of Publication:

London : Routledge, 2013.

Language Note:

English

Summary:

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:

Cover; Half Title; Title Page; Copyright Page; Dedication; Table of Contents; List of Figures; List of Tables; Preface; 1. Introduction; 2. Money: What it is and How it works; The Importance of Money; Other Views of Money; Is Electronic Money Really Different?; Other New Payment Methods; Paper Money; Credit Cards; 3. An Overview of Electronic Money-Its Forms and Functions, Standards and Design Issues; History of Smart Cards; Chips vs. Magstripe Cards; Designs of Stored-Value Cards; Software-based Electronic Money; Standards; Security Issues; The Need for a Dominant Design

Will a Dominant Design Emerge?Conclusions; 4. Innovation, Diffusion, and Electronic Money; Innovation and Diffusion; Rates of Adoption; Credit Cards; Cellular Phones; Electronic Money Systems; Lessons to Be Learned; Network Economies; Conclusions; 5. Electronic Money Pilot Programs; The Mondex Pilots; The VisaCash Pilots; PROTON; Europay Clip; The Netherlands Program; Other Pilots and Programs; Closed Systems; Developing Countries; Lessons Learned from the Pilots; 6. Policy and Legal Issues of Electronic Money; Policy and Regulatory Issues; U.S. Current and Proposed Regulations

Basel Committee and the G-10 ProposalsRegulations in the G-10 Countries; Legal Framework Issues; Conclusions; 7. Final Thoughts and Conclusions; Are Americans Different?; Payments in the U.S.; The Market for Electronic Money; Introduction of Other Payments Methods; Conclusions; Future Research Efforts; Bibliography; Index

Notes:

First published 2000 by Garland Publishing Incorporated.

Includes bibliographical references and index.

Description based on print version record.

ISBN:

1-138-86554-0

1-315-05447-7

1-135-71701-X

1-135-71694-3

9781315054476

OCLC:

874153459