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QUESTION
(a) Describe briefly three methods of electronic payment.
(b) (i) Explain briefly the term E-Billing.
(ii) Outline three advantages of E-Billing.
(c) Why is credit card not suitable for micro-payments?
(d) (i) Explain the purpose of the Mauritius Automated Clearing and Settlement System (MACSS).
(ii) Outline three advantages of the MACSS.
(ii) What is the purpose of S.W.I.F.T during fund transfers?
T-Bills are issued to enable the government to tide over short-term liquidity requirements with maturities varying from a fortnight to a year. These instruments a
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How can funds be raised Funds are raised from financial markets. Financial markets is a general term used todenote markets where financial securities are teat. These markets in
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