Costs of the Current U. Payments System Neither the banking industry nor public policy makers have good information on the comparative costs of alternative payment systems such as cash, checks, credit cards, and EFT transactions. As a result, EFT systems and services are likely to be implemented without a valid assessment of whether they are cost-justified, lst alone justified in terms of other criteria. CACM December, 1979 Lipis, A. EFT's,payment system costs, payment system volumes 3.52 CA791203 DB February 25, 1980 11:09 AM 3178 5 3180 3180 5 3180 3180 5 3180 3180 5 3180 3076 6 3180 3140 6 3180 3142 6 3180 3179 6 3180 3180 6 3180 3181 6 3180 3182 6 3180