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Topics: Payment Systems

Payroll Cards | Check 21 | Stored Value Cards/Gift Cards | Related Links

Payroll Cards

Federal Reserve Board’s Recent Press Release on Payroll Cards
The Federal Reserve Board announced its approval of a final rule to provide that payroll card accounts are covered by the Board's consumer protection regulation governing electronic fund transfers.
http://www.federalreserve.gov/boarddocs/press/bcreg/2006/20060824/default.htm

 

Check 21

Check 21 Basics: A Quick Guide for Consumer Advocates
http://www.bos.frb.org/commdev/c&b/2005/winter/Check21.pdf

Boston Fed’s Presentation on Check 21 to the Boston City Council
http://www.bos.frb.org/consumer/check21/bcc101204.pdf

Less Travel for Your Checks
http://www.bos.frb.org/education/ledger/ledger05/winter/checks.htm

Check 21 vs. Electronic Check Conversion:

When Is Your Check Not a Check?
http://www.federalreserve.gov/pubs/checkconv/default.htm
ESPAÑOL: Cuando no Es Su Cheque un Cheque? Intercambio Electrónico de Cheques
http://www.federalreserve.gov/pubs/checkconv/checkconvsp.htm

Information about Check 21 from the Board of Governors
http://www.federalreserve.gov/paymentsystems/truncation/default.htm

Consumer Guide to Check 21 and Substitute Checks
http://www.federalreserve.gov/pubs/check21/consumer_guide.htm
ESPAÑOL: Guía del Consumidor sobre Check 21 y Cheques Sustitutos
http://www.federalreserve.gov/pubs/check21/consumer_guide_sp.htm

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Stored Value Cards/Gift Cards

Buying, Giving, and Using Gift Cards
http://www.ftc.gov/opa/2006/12/giftcards.shtm

 

Related Links

Payment Systems
http://www.federalreserve.gov/paymentsys.htm

Boston Fed's Emerging Payments Research Group
http://www.bos.frb.org/economic/eprg/index.htm

Transforming Payment Choices by Doubling Fees on the Illinois Tollway http://www.bos.frb.org/news/conf/payments2005/porter.pdf

Purchase Options for Consumers
Review the advantages and disadvantages of different kinds of payments.
http://www.chicagofed.org/consumer_information/
purchase_options_for_consumers.cfm
 

How and Why Do Consumers Choose Their Payment Methods?
http://www.bos.frb.org/news/conf/payments2005/schreft.pdf

Electronic Federal Tax Payment System
http://minneapolisfed.org/consumer/eftps

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