Payment Instruments

Dominique Rambure and Alec Nacamuli

Chapter 2 in Payment Systems, 2008, pp 23-42 from Palgrave Macmillan

Abstract: Abstract Buyer and Seller must first agree on a payment instrument, be it cash, cheque, card or electronic. These various instruments are the ‘raw materials’ of payment systems and have evolved in response to demands for ease of use, cost reduction, security and more information, as well as technological progress.

Keywords: Central Bank; Credit Card; Payment System; Customer Relationship Management; Optical Character Recognition (search for similar items in EconPapers)
Date: 2008
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DOI: 10.1057/9780230227217_2

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