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QUESTION

(a) Describe briefly three methods of electronic payment.

(b) (i) Explain briefly the term E-Billing.

(ii) Outline three advantages of E-Billing.

(c) Why is credit card not suitable for micro-payments?

(d) (i) Explain the purpose of the Mauritius Automated Clearing and Settlement System (MACSS).

(ii) Outline three advantages of the MACSS.

(ii) What is the purpose of S.W.I.F.T during fund transfers?

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M9585976

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