EconStor >
Federal Reserve Bank of Boston >
Public Policy Discussion Papers, Federal Reserve Bank of Boston >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/59241
  
Title:Account-to-account electronic money transfers: Recent developments in the United States PDF Logo
Authors:Shy, Oz
Issue Date:2011
Series/Report no.:Public policy Discussion Papers, Federal Reserve Bank of Boston 11-10
Abstract:This paper reviews recent developments in online and mobile banking in the United States that provide bank account holders with low-cost interfaces to manage account-to-account electronic money transfers. The paper analyzes the emerging decentralized market in which A2A money transfers are becoming available in the United States and compares it with the A2A market in other countries. The paper constructs analytical examples to explain and evaluate the structure of the emerging U.S. market and discusses possible policy actions that may enhance the use of A2A money transfers in the United States.
Subjects:account-to-account money transfers
person-to-person money transfers
online banking
mobile banking
payment networks
JEL:E42
G29
D14
Document Type:Working Paper
Appears in Collections:Public Policy Discussion Papers, Federal Reserve Bank of Boston

Files in This Item:
File Description SizeFormat
682890812.pdf536.49 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/59241

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.