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Payments Systems in the U.S.: A Guide for the Payments Professional

by Carol Coye Benson

A guide to U.S. payment systems

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AlbakiReads Editorial

A guide to U.S. payment systems

Carol Coye Benson’s guide maps five ways money moves in the United States: cards, checks, ACH, wire transfers, and cash. It explains how these systems operate and have evolved, and outlines the roles of users, providers, and businesses that profit from them. This third edition updates coverage of each system, adds a chapter on payments innovation, and includes a glossary of industry terminology. Together, these elements make the book a structured introduction to the mechanisms and participants behind everyday and business payments.

Good fit for readers who enjoy

  • People working in the payments industry who want an overview of the main U.S. systems.
  • Readers who use payment products and want to understand how they work.
  • Those seeking a reference on payment-system terminology and innovation.

Themes

U.S. payment systemsFinancial infrastructurePayments innovationIndustry terminology

Based on publisher information and book metadata.

Book overview

"Payments Systems in 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 in the U.S. In clear and lively writing, the authors explain how the payments systems work, how they evolved, who uses them, who provides them, who profits from them, and how they are changing. Anyone in the payments industry - or needing to use payments products - can benefit from understanding this. The third edition updates information about each system, adds a chapter on payments innovation, and includes a glossary of industry terminology.

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