Electronic Payment System
Receipt of Payments• These are from three sources :   Retail customers   Wholesale customers  Various miscellaneous payments
Systems recently used• Value exchange         • Electronic funds  systems                  transfer systems• Shared termin...
Value Exchange System     consumer            Merchant                        Local Bank                    Processing Ban...
Paperless Bills
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Electronic Payment System

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In this presentation, we will discuss about the aspects of electronic payment system, which are, payment receipts, value exchange system and paperless bills.
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Electronic Payment System

  1. 1. Electronic Payment System
  2. 2. Receipt of Payments• These are from three sources : Retail customers Wholesale customers Various miscellaneous payments
  3. 3. Systems recently used• Value exchange • Electronic funds systems transfer systems• Shared terminal • Non- bank networks systems • Bill payments by• Credit card systems telephone• National networks • GIRO transfers• Automatic deposit of • Point of sale payrolls & social payments system security payments
  4. 4. Value Exchange System consumer Merchant Local Bank Processing Bank inCard issuing Bank credit card system
  5. 5. Paperless Bills
  6. 6. “Like” us on Facebook:  p // /http://www.facebook.com/welearnindia “Follow” us on Twitter:http://twitter.com/WeLearnIndiahttp://twitter com/WeLearnIndiaWatch informative videos on Youtube: http://www.youtube.com/WelingkarDLP

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