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GIAN brochure GIAN brochure

One week GIAN course on Digital Payments, Technology for cashless Society

Partial Date: 2018CE Jul 23rd to 2018CE Jul 27th
Issued by:
Document Category: Digital, Payments, Training

Payment is the process of transferring money from payer to payee through payment instruments, payment processing and payment settlement. An E-payment system utilizes information and communications technologies & integrated circuit card, cryptography, and telecommunications networks to transfer Monetary Values electronically.

The fundamental changes in socio-economic trends and the financial infrastructure of the nation has made it essential to move to a cashless society. The payment system is the infrastructure which comprised of institutions, instruments, rules, procedures, standards, and technical, established to affect the transfer of monetary value between all the parties.