Unit-2 Payments System
Digitalization of payment system and Historical evolution of payment system
Digitalization of the Payment System Meaning: Digitalization of payment systems refers to the shi...
Attributes of a well functioning payment system
A well-functioning payment system is crucial for a modern economy, especially with the rise of di...
Banks as guarantors of payment system; New entrants and new payments model
Banks as Guarantors of the Payment System Banks act as the backbone of the payment system by ensu...
Fintech Applications in Banking, Non-Banking Financial Services; Insurance; Payment; Lending; Audit and Compliance
Fintech, a portmanteau of "financial technology," is revolutionizing the Indian financial landsca...
Electronic Clearing services (ECS); National Electronic Fund Transfer (NEFT); Real Time Gross Settlement (RTGS)
Introduction to ECS Electronic Clearing Service (ECS) is an electronic mode of fund transfer us...
Immediate Payment Service (IMPS); Unified payment interface (UPI)
Immediate Payment Service (IMPS) and Aadhaar Enabled Payment System (AePS) in India India's digit...
Growth of Digital payments in India
India's Digital Payments Revolution: Demonetization, Growth, and Future India's digital payments ...
RBI Guidelines on Digital Payments
RBI Guidelines on Digital Payments: Enhancing Security and Governance The Reserve Bank of India (...