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Promoting Payment Inclusion in the United States

Author

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  • Ying Lei Toh

Abstract

In recent decades, entities in both the public and private sectors have worked to promote payment inclusion in the United States, whether by expanding the supply of transaction accounts or boosting consumer demand for them. However, more research and data collection are needed to better define and measure payment inclusion as well as evaluate how effective efforts have been to improve it.

Suggested Citation

  • Ying Lei Toh, 2022. "Promoting Payment Inclusion in the United States," Payments System Research Briefing, Federal Reserve Bank of Kansas City, issue October 7, pages 1-10, October.
    • Handle: RePEc:fip:fedkpb:94900
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    File URL: https://www.kansascityfed.org/Payments%20Systems%20Research%20Briefings/documents/9160/PaymentsSystemResearchBriefing22Toh1007.pdf
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    Citations

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    Cited by:

    1. Hayashi, Fumiko & Routh, Aditi & Toh, Ying Lei, 2024. "Heterogeneous unbanked households: Which types of households are more (or less) likely to open a bank account?," Journal of Economics and Business, Elsevier, vol. 129(C).

    More about this item

    Keywords

    Payments; payments inclusion;

    JEL classification:

    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System

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