Titlebook: Electronic Funds Transfers and Payments: The Public Policy Issues; Elinor Harris Solomon Book 1987 Springer Science+Business Media Dordrec

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International Payments and EFT Links would not dispute that the concept of an international payment has become increasingly ambiguous in the emerging environment of electronically linked global markets for trade and finance. Nevertheless, prototypal structures for international payments may be usefully identified and analyzed, particu

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https://doi.org/10.1007/3-540-28293-9r major payment media: cash, paper, tape, and electronic transactions. In terms of the number, not the value of transactions, cash predominates. Checks account for an estimated third of all transactions. Only a few percentage points of transactions are performed electronically.

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Telecommunications Policy Issues: The New Money Delivery Modese-zone differences; thus an Ohio computer can be used first in Western Europe, then in the United States, and finally in Japan. The satellite, perched at 22,300 miles in a geosynchronous orbit and distance-insensitive, makes possible this new global information order [1].

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International Payments and EFT Linkslarly, with respect to arrangements for U.S. dollar-based activities. The dollar structure has undergone, and is undergoing, changes with respect to clearing and settlement. Furthermore, it is being adapted for transactions in other major currencies and the European Currency Unit (ECU).