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Graphics Interchange Format  |  1998-02-10  |  41.2 KB  |  478x318  |  4-bit (16 colors)
   ocr: Payments Industry: Paper vs. Electronic PAPER ELECTRONIC Industry Size industry Size $601 billian $67b0lion oftotall transactions oftotal transactions 97% 3% Xoftotaldollarvalue %oftotal dollarvalue within economy withineconomy 13% 87% Costs Costs About: Slpera Check Atouts0.25 pertransacticn Add $0.171or Freudt losses wols under arstemwice trod $005 pertransaction Fraud Fraud StOsrion, expecred picail int the: S bilionrange: cogrow tos 20 billion by Borno argeiy by banks year: 2000; Borne by merciants andt banks oscce: RabestignSteghens a comnsay