Books and Journal Articles

 
Payments System Research Publications

The Federal Reserve Bank of Kansas City's Payments System Research Department's publications cover a range of topics, including types of payments methods, developments in payments networks, and various participants' roles in the payments system. This site provides links to those publications.


To view a publication using a PDF reader, click on the title. If you do not have a PDF reader, you can download a reader from this site. 

Books

A Guide to the ATM and Debit Card Industry: 2006 Update
(Published in 2006)
By Fumiko Hayashi, Richard J. Sullivan, and Stuart E. Weiner

Nonbanks in the Payments System
(Published in 2003)
By Terri Bradford, Matt Davies and Stuart E. Weiner

A Guide to the ATM and Debit Card Industry 
(Published in 2003)
By Fumiko Hayashi, Richard J. Sullivan and Stuart E. Weiner


Journal Articles

A Puzzle of Card Payment Pricing: Why Are Merchants Still Accepting Card Payments?
(Published in the Review of Network Economics, Vol. 5, Issue 1 - March 2006)
By Fumiko Hayashi

The Effect of Wealth and Ownership on Firm Performance
(Published in the Journal of Financial Transformation, Vol. 15 - December 2005)
By Kenneth R. Spong and Richard J. Sullivan

Interchange Fees in Various Countries:  Developments and Determinants
(Published in the Review of Network Economics, Volume 4, Issue 4 - December 2005, pages 290-323)
By Stuart E. Weiner and Julian Wright

Technology Adoption and Consumer Payments: Evidence from Survey Data
(Published in the Review of Network Economics, Vol. 2, Issue 2 - June 2003)
By Fumiko Hayashi and Elizabeth Klee