CHAPTER SIXTEEN

High-Tech Banking—E-Payment Systems and Electronic Banking

CHAPTER STRUCTURE

Section I Basic Concepts

Section II E-Payments

Section III Retail Payment Systems

Section IV Plastic Money and E-Money

Section V Security Issues in E-Banking

Chapter Summary

Test Your Understanding

Topics for Further Discussion

KEY TAKEAWAYS FROM THE CHAPTER
  • Understand how technology helps banks and customers.
  • Learn about electronic payment and settlement systems.
  • Understand e-banking—the concepts and the benefits.
  • Understand retail payment systems and their benefits to banks and customers.
  • Learn the concepts and usage of plastic money such as credit cards, debit cards, etc.
  • Be aware of the security issues in e-banking.
SECTION I
BASIC CONCEPTS

Why ...

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