摘要：The analytical framework of laws and economics cannot be all-encompassing since the purpose of laws and regulations is not always limited to efficiency and welfare maximization, which are suitable for traditional economic analyses, but also extends to justice, fairness, and equality. Nonetheless, in payment activities the interests of economic entities lie mainly in transferring funds safely and efficiently. Namely, the entities want to send or receive funds faster and with lower costs and risks. Since these purposes of payment activities can be illustrated in economic terms as efficiency and risks, laws and economics may offer useful analytical tools in designing payment systems
