...nation's financial clearing houses handled 3.1 billion direct deposits in 1999, according to NACHA-The Electronic Payments Association, a Herndon, Va.-based trade group. The association says that figure represents about half of all private...

...those 25 to 34 said they would seek alternatives. William Nelson, executive vice president of NACHA-The Electronic Payments Association, said there has been tremendous growth in the use of electronic payment methods since last year, when the...