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

• Record Nr.: UNINA9910453633903321
• Autore: Good Barbara Ann.
• Pubbl/distr/stampa: London : , : Routledge, , 2013
• ISBN: 1-138-86554-0; 1-315-05447-7; 1-135-71701-X; 1-135-71694-3
• Descrizione fisica: 1 online resource (230 p.)
• Collana: Financial sector of the American economy
• Disciplina: 332.1/0285
• Soggetti: Electronic funds transfers - United States; Electronic funds transfers; Electronic books.
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: First published 2000 by Garland Publishing Incorporated.
• Nota di bibliografia: Includes bibliographical references and index.
• Nota di contenuto: 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
• Sommario/riassunto: 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.