About this document
Overview of Electronic Payment Systems by Satyam Raj is a document available to read on EtoBox.
The document discusses electronic payment systems as an alternative to cash that allows payments over the internet. It describes characteristics like security, ease of use, and applicability that make for a good payment system. Stakeholders in payment systems like consumers, merchants, and financial institutions are discussed. Electronic funds transfer methods including credit/debit cards, online bill pay, and direct deposit are faster than traditional paper-based methods. Point of sale systems automate tra
- Author
- Satyam Raj
- Language
- EN