Includes bibliographical references and index.
section 1. Basic knowledge about payment systems -- section 2. Basic payment systems and advanced payment systems -- section 3. Innovations in payment systems -- section 4. Developments of payment systems in selected countries.
"This book analyzes the evolutionary trends, functions and mechanisms of payment systems and presents an in-depth explanation of how these trends led to the reduction of settlement risk and the importance of such mechanisms that have contributed to the evolutionary progress of payment systems"--Provided by publisher.
Electronic reproduction. Ann Arbor, MI : ProQuest, 2015. Available via World Wide Web. Access may be limited to ProQuest affiliated libraries.