Interoperability In Payments.pdf

Interoperability_in_Electronic_Payments.pdf
Preview of Interoperability in Payments
🔗 Source: cgap.org
📊 Size: 1.08 MB
👤 Author: Carol Coye Benson
⬇️ Downloads: 90

Summary

It identifies three ways to achieve interoperability: scheme interoperability, network interoperability, and parallel system interoperability. Interoperability benefits all participants in the payments ecosystem, including end users and providers, by making payments easier, generating revenue, and producing cost efficiencies. The report examines cases such as Citibank, Visa, PayPal, and Square to illustrate the evolution of bank ATM networks, the introduction of "chip and pin" in the UK, and the expansion of SPEI in Mexico. It also discusses the role of effective regulatory bodies, government payments, and early dominance in promoting interoperability.

Description

It identifies three ways to achieve interoperability: scheme interoperability, network interoperability, and parallel system interoperability.

Technical Information

  • File Format: PDF
  • File Size: 1.08 MB
  • Pages: 46
  • Language: EN
  • Author: Carol Coye Benson
  • Total Downloads: 90
  • Last Updated: 7 hours ago

Document Overview

This PDF document about Interoperability in Payments provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into Interoperability in Payments.

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