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Payments Systems in the U.S. Paperback – September 15, 2010
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Top Customer Reviews
This book provides payment detail articulated in a well written and concise description of the payments industry in the United States today.Read more ›
Beginning with some history and overview, the authors cover the landscape from checks and cash to debit and credit cards, ACH and wires. Discussing in some level of detail the process, players and issues found in each payment medium, the reading is extraordinarily easy to understand and will provide the reader with up to date information and a great picture of the current state of the payments industry.
A must read for anyone in banking and transactional finance, or in card or business banking operations, and probably a good resource for the student as well.
1. Recently published
2. Must be easy to read and understand
3. Written by payment professional(s)
4. Less than 150 pages. (Believe me; going through even 150 pages on payment domain is no fun)
I'd glad to have found this book. Honestly I was a bit skeptical on the possibility of covering such a vast subject in less than 150 pages, but the reviews for this book are very positive about the content so I decided to give it a try. But after reading it, I echo with other reviewers.
The book is 150 pages, easy to read, clearly communicates and covers various payment system and even has a chapter on emerging payments. It's the same size of an iPad but probably weighs less; a great reference to carry around. The book starts with an overview, and then covers checking, ACH, Cards, Cash, Wire and perspectives on payments. Each subject starts with brief history, current economics and where it is headed. One should expect to get a good introduction to payment systems domain from this book, but should not expect a lot on the technical aspects (How to implement, latest technical developments etc.).
Finally, thanks to Carol and Scott for sharing their insights.
Most Recent Customer Reviews
Amazing summary and fast read on the payment systems in the US.
Very well explained in a short concise manner. Read more
great learning guide for young or "new" professionals in the banking industry. The wording takes a bit getting used to, so I recommend tackling this read one chapter at a... Read morePublished 15 months ago by D. Walker
Great overview if you just need a basis upon which to build. After reading this you will be able to have intelligent conversations on the subject.Published 18 months ago by Jesse Chunn
The book is good for someone that is looking for basic information on how payments systems work at a very high level. Read morePublished on May 2, 2013 by Max
A somewhat rushed and unpolished work, bulked out by repetition. Still manages to explain something about payments. Read morePublished on November 28, 2012 by E. A Lerner
I bought this book based on existing reviews and I was not let down at all. I am a new entrant to the payments field and I needed a book that would help me understand the numerous... Read morePublished on February 13, 2012 by Sid
Outstanding information about what can be daunting and is always a complex system (or systems). This book is great for newcomers to the industry and a great resource for long-time... Read morePublished on October 28, 2011 by Jethro Felton
Great book for anyone who is in the payments system. Breaks down the six core systems by chapter. Nice job.Published on October 15, 2011 by HuffandBuff