DIGITAL PAYMENTS - PROCESS AND SAFEGUARD 3 Table of contents Titl Slide e No. What is digital paym________________________________________________________________ ent 05 Modes of digital payment ______________________________________________________________ 06 Pros & Cons of digital payment ________________________________________________________ 16 ______________________________________________________ 17 Safeguard digital transactions Digital Payments – Process & Safeguard 4 Objective Concept of Modes of Pros & Cons of Safeguard digital payment digital payment digital payment ...
What is a Digital Payment ? To put it in simple words, a digital payment occurs when goods or services are purchased through the use of various electronic mediums. There is no use of cash or cheques in this type of payment method. What is a Cashless Economy ? In a cashless economy, all transactions are carried out using different types of payment methods and this does ...
What is Digital Payment ? • Payments using electronic means without involving any physical cash • Participants: • Payment Service Operators : Banks, Wallets, NPCI, Gateways, Card Companies • Sender : Customer • Receiver : Merchant or Shopkeeper • Regulator : RBI Why Digital Payments ??? • For Individual • Most Convenient • Secure • Cost Effective • For Economy • Increased Revenues and Savings • Reduction ...
Apa itu Fintech 2 FinTech adalah salah satu sektor industri dalam perekonomian, terdiri dari para perusahaan yang menggunakan teknologi untuk memberikan layanan keuangan secara lebih efisien. Bidang usaha FinTech merupakan layanan keuangan berbasis digital startup pembayaran, peminjaman (lending), Peer- to-Peer (P2P) Lending, perencanaan keuangan (personal finance), investasi ritel, pembiayaan (crowdfunding), remitansi, riset keuangan. air/2016 Jenis-jenis fintech 3 Payment channel/system merupakan layanan elektronik yang menggantikan uang ...
THE ADVERTISING INDUSTRY ADVERTISING – the activity of explicitly paying for media space or time in order to direct favorable attention to certain goods or services ADVERTISING AGENCIES – companies that specialize in the creation of ads for placement in media that accept payment for exhibiting those ads AGENCY HOLDING COMPANIES – firms that own full-service advertising agencies, specialty agencies, direct-marketing firms, research companies, and ...
E-payment systems • To transfer money over the Internet • Methods of traditional payment – Check, credit card, or cash • Methods of electronic payment – Electronic cash, software wallets, smart cards, and credit/debit cards – Scrip is digital cash minted by third-party organizations 2/16/00 EMTM 553 2 Requirements for e-payments • Atomicity – Money is not lost or created during a transfer • Good ...
Objectives In this chapter, you will learn about: • The basic functions of online payment systems • The use of payment cards in electronic commerce • The history and future of electronic cash • How electronic wallets work • The use of stored-value cards in electronic commerce E-Commerce: The Second Wave, Fifth Annual Edition 2 Online Payment Basics • Cash, checks, credit cards, and debit ...
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