Banking Systems

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Banking system electronic commerce on internet. get to know how does it work
  Banking Systems on the Internet Electronic Commerce  Types of Internet systems ã conventional system ã Notational Funds Transfer  ã financial intermediaries ã digital systems - DigiCash ã CyberCash payment clearing process  Electronic payment methods ã credit cards ã debit cards ã automatic teller machines ã electronic checks ã prepaid cards ã smart cards ã digital cash  Types of electronic payment systems ã PCS - Payment Clearing Services  – payment through an intermediary ã NFT - Notational Funds Transfer   – payment through EFT ã EFT - Electronic Funds Transfer   – payment instructions routed on a private VAN ã DCS - Digital Currency Systems  – payment based on digital currency
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