Tag: Banking

Things to Know About Payment Systems

Payment Systems for Banking Definition: According to Bank of International Settlement (BIS), a payment system consists of instruments, banking procedure and typically inter-bank funds transfer that ensures and facilitates the circulation of money. A payment system is any system used to settle financial transactions through the transfer of monetary value and includes the institutions, instruments, people, […]

Avinandan Jana Pvt. Ltd. © 2018 Avinandan Jana
Hello 👋
Can we help you?
Skip to toolbar