2000 Annual Report - The U.S. Retail Payments System...Dawn of a New Era
Many people are unaware
that there is something called a “payments system”. They only know that they can go anywhere
in the United States or the world, pay for an item with something
other than cash, have that payment accepted, and have the
amount deducted from their account or added to their credit
balance with ease. The payments system that makes this complicated
process seem easy is a network of institutions, law, and technology
that combine to enable consumers and businesses to exchange
monetary value. Payments range from the small and simple —
fifty cents at a newsstand for the morning paper — to the
large and complex — a bank transfers $500 million electronically
to multiple banks in the U.S. and overseas.
Complete Report 
(1.1MB)
Feature Essay:
The U.S. Retail Payments System: Moving to the Future
by Cathy E. Minehan, Paul M. Connolly, Sally G. Green, Krista M. Shields, and Chandler PerineFinancial Statements
Stay Connected
Annual Reports Links
