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Classifications of Payment System

Classifications of Payment System

Copyright: © 2011 |Pages: 6
ISBN13: 9781615206452|ISBN10: 1615206450|EISBN13: 9781615206469
DOI: 10.4018/978-1-61520-645-2.ch002
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MLA

Masashi Nakajima. "Classifications of Payment System." Payment System Technologies and Functions: Innovations and Developments, IGI Global, 2011, pp.11-16. https://doi.org/10.4018/978-1-61520-645-2.ch002

APA

M. Nakajima (2011). Classifications of Payment System. IGI Global. https://doi.org/10.4018/978-1-61520-645-2.ch002

Chicago

Masashi Nakajima. "Classifications of Payment System." In Payment System Technologies and Functions: Innovations and Developments. Hershey, PA: IGI Global, 2011. https://doi.org/10.4018/978-1-61520-645-2.ch002

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Abstract

These classifications are not mutually exclusive. Rather, one can use a combination of these classifications in order to describe the feature of a payment system. For example, a payment system may be managed by a central bank, make settlements on a gross and real-time basis, and be mainly used for large-value payments.

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