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Evolutionary Trends of Payment Systems

Evolutionary Trends of Payment Systems

Copyright: © 2011 |Pages: 19
ISBN13: 9781615206452|ISBN10: 1615206450|EISBN13: 9781615206469
DOI: 10.4018/978-1-61520-645-2.ch006
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MLA

Masashi Nakajima. "Evolutionary Trends of Payment Systems." Payment System Technologies and Functions: Innovations and Developments, IGI Global, 2011, pp.56-74. https://doi.org/10.4018/978-1-61520-645-2.ch006

APA

M. Nakajima (2011). Evolutionary Trends of Payment Systems. IGI Global. https://doi.org/10.4018/978-1-61520-645-2.ch006

Chicago

Masashi Nakajima. "Evolutionary Trends of Payment Systems." In Payment System Technologies and Functions: Innovations and Developments. Hershey, PA: IGI Global, 2011. https://doi.org/10.4018/978-1-61520-645-2.ch006

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Abstract

This chapter also reviews another line of evolutionary trends, including the “Multi-Currency Payment Systems” and “Offshore Payment Systems,” and the linkage between payment system and “Securities Settlement System” (SSS). It also gives an explanation about the adoption of “Financial EDI” capability, which is the scheme that enables the processing of remittance information with payment instructions in the payment system.

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