ELECTRONIC BASED PAYMENT SYSTEMS AND ECONOMIC GROWTH IN INDONESIA

The Role of Digital Adoption in relationship between payment systems development and economic growth

 This paper addresses the link between payment systems development and Economic growth and also investigates the role of technological growth and especially digital adoption status in this relationship. In this order, we use cross country data to compare Iranian payment systems situation with other countries in different aspects. Data analysis shows that Iran's payment systems are weaker in som...

Electronic payment systems

Electronic payment systems

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2.3.6 Electronic Payment Systems

With the development of digital rights management systems, new commercial applications for the trade with digital goods will be introduced, and new information services will be provided. As digital goods or services can be delivered over networks, it is also desired that they can immediately be paid electronically. Thus, it is assumed that the trade with digital goods stimulates the deployment ...

Electronic Payment Systems

As business is moving from face-to-face trading, mail order, and telephone order to electronic commerce over open networks such as the Internet, crucial security issues are being raised. Whereas Electronic Funds Transfer over financial networks is reasonably secure, securing payments over open networks connecting commercial servers and consumer workstations poses challenges of a new dimension. ...