Information Technology Issues in Thailand

Vatanasakdakul, Savanid; Aoun, Chadi; Chantatub, Wachara

doi:10.1142/9789811208645_0034

Cited by 1 publication

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“…Moreover, there are also a setup of a dedicated and responsible government organization to drive the e-Payment system in the public sector, the Bank of Guyana (Central Bank), which is mandated specifically in this area. Overall infrastructure in Guyana can provide adequate conditions for the use of national e-payment [20].…”

Section: Strengthsmentioning

confidence: 99%

Consumer’s Adaptation and Financial Stability with a Modern Payments System Infrastructure in Guyana

Khan¹

2022

TIJMG

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A payments system is no more than a structured arrangement for moving value between its participants. So defined, it is crystal clear that payment systems are ultimate to the functioning of all monetary economies, no matter they are developed economies, transitional economies, or developing economies like Guyana. The aim of this work is to show how the architecture of payment systems (payment instruments, processing, participants, consumers, etc.) impact to payments industry (microeconomic approach) and for the promoting the role of the Central Bank in payment systems and financial stability (macroeconomic – public approach) along with consumers adaptation to these changes and developments. We use the method of qualitative to analyze, not experimental measures. Central Banks, as circulators of money, have always had a keen interest in the smooth functioning of their respective National Payments System and the way it affects the economy. Their involvement has, however, evolved over time, as Central Banks have increasingly taken on a blatant role in the pursuit of the Consumers good of maintaining trust in the currency and ensuring its smooth circulation in carrying out their core monetary and financial stability functions through the payment systems modern evolving infrastructure. Keywords: Payment Systems, Consumers Adaptation, Financial Stability, Central Bank, Guyana.

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Section: Strengthsmentioning

confidence: 99%

Consumer’s Adaptation and Financial Stability with a Modern Payments System Infrastructure in Guyana

Khan¹

2022

TIJMG

View full text Add to dashboard Cite

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Information Technology Issues in Thailand

Cited by 1 publication

References 0 publications

Consumer’s Adaptation and Financial Stability with a Modern Payments System Infrastructure in Guyana

Consumer’s Adaptation and Financial Stability with a Modern Payments System Infrastructure in Guyana

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