Alternative EFT developments and the quality of life: A theoretical analysis

This article develops a theoretical position for studying the impacts of different electronic funds transfer (EFT) arrangements upon the quality of life. A conception of quality of life is defined which emphasizes the relative power of participants in a social setting as well as their personal resources and sentiments. A ‘design space’ for characterizing alternative EFT designs is then set up, and the social textures of different EFT arrangements are examined.