Retail payment systems play an important role in the smooth functioning of any economy, and thus any inefficiency in the retail payments market can send negative effects cascading throughout the financial realm. The World Bank Global Payment Systems Survey 2010 has shown that inefficiencies persist in the payment systems of many middle-income and low-income countries, with cash continuing to be the most widely used instrument for small-value payments...
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2012/10/01
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Documento de Trabalho
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84079
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1
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1
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2015/05/13
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Disclosed
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From remittances to m-payments : understanding 'alternative' means of payment within the common framework of retail payments system regulation
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committee on payment and settlement system
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