Introduction to Payment Channels
Every way money moves in the United States, in one guided tour.
121 pages taking you from cash in a drawer to crypto on a blockchain. Each channel gets its own chapter covering how it works, what it costs, where the risks hide, and when it is the right rail for the job.
What you get, across fourteen chapters:
- Payment networks, the basics of electronic payments, and the regulatory environment
- Cash, checks, cards, and ACH, channel by channel
- The FedNow® Service, the RTP® network, and wires
- Alternative payments, including digital wallets and buy now pay later
- Cryptocurrencies, and where they fit alongside everything else
Start here. The perfect first book in the library, for new hires and career changers, universal bankers, and anyone who needs to see how the rails fit together before going deep on any one of them.
Instant PDF download. Copies for the whole institution? See PaymentsProfessor.com/licensing.
License and permitted use. This purchase is a single user license. It covers one named individual at one organization.
It does not cover posting the file to a shared drive, intranet, or learning management system; forwarding or emailing it to colleagues; printing it for distribution; or use by a second legal entity, subsidiary, or member institution.
Need it for a team? Five and ten user licenses are available for every title, and institutional licenses cover unlimited internal staff at one financial institution. See licensing and rates.
