Educational comic book explains why people use checks; how to write a check; how to manage and balance a checking account; the role of the Federal Reserve in processing checks; how electronic funds transfers are making it easier to make payments in the United States.
Educational comic book explains why people use checks; how to write a check; how to manage and balance a checking account; the role of the Federal Reserve in processing checks; how electronic funds transfers are making it easier to make payments in the United States.
Educational comic book explains why people use checks; how to write a check; how to manage and balance a checking account; the role of the Federal Reserve in processing checks; how electronic funds transfers are making it easier to make payments in the United States.
Uses the story of two basketball-playing buddies to explain: why people use checks; how to write a check; how to manage and balance a checking account; the role of the Federal Reserve in processing checks; how electronic funds transfers are making it easier to make payments in the United States.
Written by experienced experts from both the private andthe government sector, The Story of Payments: How TheIndustrialization of Trust Created the Modern Payment Systemtells the story of how payments - between people, merchants,employers and governments - emerged from the ancient systemof barter and grew, through various technologicalimplementations ranging from coins and paper money tochecks, wire transfers and credit cards to today's entirelyelectronic local and international payment systems. Readerswill learn the inner workings of the U.S. Payments System thatallow it to work effectively and efficiently, including thetechnology, standards, laws and regulations that provideubiquity and ease of access. The authors also provide insightinto the inherent risks of the payment system and set forth amodel for future innovation and change. The Story of Payments:How The Industrialization of Trust Created the Modern PaymentSystem is a practical manual for those who make and receivepayments, an instructional manual for those who work inpayments, and a fascinating historical exploration of the rolethe world's payment systems have played in creating the commercial society we live in today.