After the Hype: e-Commerce Payments Grow Up

June 2003

On June 18, 2003, the Payment Cards Center of the Federal Reserve Bank of Philadelphia and the Electronic Commerce Payments Council (eCPC) of the Electronic Funds Transfer Association cohosted a workshop forum to explore areas of mutual interest related to the proliferation of e-commerce payments.

This was the second event jointly sponsored by the groups. The first forum, The Future of e-Commerce Payments, which was held in June 2002, focused on the possibilities ahead, as various electronic payment channels displace paper checks as a primary payment form. The more recent forum, After the Hype: e-Commerce Payments Grow Up, continued the dialog, emphasizing recent economic and marketplace realities that impact e-commerce payments innovation, acceptance, and maturation.

Participants and speakers included Federal Reserve staff and industry leaders.

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