1. Impact of E-payment in Curtailing Fraud in Government Agencies
... bank notes, payment orders, cheques and later credit cards, has finally culminated in electronic payment systems. As the transition to electronic payment systems take place, the stock of currency held outside the banking system which constitutes a potential source of unproductive economic resources because they are not available for credit expansion is integrated into it thereby expanding the deposit base ... (2011),"There is also the issue of price stability, which according to European Central Bank, (2012) the emergence of electronic money might have repercussions on the information co...
- Word Count: 8424
- Approx Pages: 34
- Has Bibliography
- Grade Level: High School