In the area of electronic payments, the industry faces the opposite challenge from that in check services. Continuing to meet the growth of electronic payment processing with highly reliable service is  2  BIS Review 46/2003  an obvious priority from a public-policy perspective.
However, simply accommodating growth may not be sufficient, and consideration should also be given to meeting the changing needs of the users of these systems. One of the common misconceptions in the analysis of payments systems is that only production or processing costs--that is, conditions of supply--matter from a market or public-policy standpoint.