Product Review

Written by two of the founding partners of payments consultancy Glenbrook Partners, "Payments Systems in the U.S." is a comprehensive description of the systems - (cards, checks, cash, ACH, etc.) that move money between and among consumers and enterprises in the U.S.

In clear and lively writing illustrated with informative tables and illustrations, the authors explain what the systems are, how they work, who uses them, who provides them, who profits from them and how they are changing. Anyone working in the payments industry - or needing to use payments products - can benefit from understanding this.

The second edition updates information on credit/debit cards, ACH, and checking payments systems, as well as providing perspective on recent developments in emerging and mobile payments.