How do they inter-relate in the payments environment

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The Egoli commercial bank, having reviewed the paymnet system issues and infrastructures, has decided to continue along the road of becoming an active participant in the payments industry. To do this, they need to study the regulatory framework to understand the requirements and limitations of theor dedication, based on their strategic product plans and the type of bank they will be registered as. What laws and regulations and applicable and how do they inter-relate in the payments environment?

Reference no: EM132159477

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