Payment Systems and Electronic Banking JAIIB PDF

Table of content

Payment Systems and Electronic Banking – The world of banking and finance is rapidly evolving, and banks are utilising expertise and technology to provide clients with fresh services. Banks and technology are growing at such a quick pace that bank employees must constantly acquire new skills to enable them to adapt to change and develop competence in dealing with a variety of consumer inquiries. As a result, today’s bank personnel must remain up to speed with new skills and expertise. The Institute, as the leading supplier of banking education, periodically examines the curriculum for its affiliate examinations, such as the JAIIB/CAIIB and other tests, with the support of Expert Groups to ensure that the contents are current and relevant.

Download Payment Systems and Electronic Banking E-Book Here

Download E-Book Here for Payment Systems JAIIB

How To Download The Free Payment Systems and Electronic Banking pdf for JAIIB?

Step 1: Click on the download link. You will be taken to Oliveboard’s FREE E-Books Page.

Step 2: Register/Login to the Free E-Books Page of Oliveboard (It is 100% free, You just enter your valid email ID and a password to be able to download the JAIIB Practice questions pdf.

Step 3: After Logging in, you will be able to download the free e-book by clicking on “click here” as shown in the snap below.

Attempt JAIIB Mock Test Today

What’s there in the eBook of Payment Systems and Electronic Banking?

Index

Introduction

Electronic Payment system

Automated Teller Machines (ATM)

HWAK: The Intelligent Auto-teller and Netware Management System

White Label ATMs (WLA)

Plastic Cards

Electronic Banking

Anytime Banking

Home Banking (Corporate and Personal)

Personal Banking

Electronic Commerce (E-Commerce)

Cheque Truncation

FAQs

Attempt JAIIB Mock Test Today

Sneak-Peak into Payment Systems and Electronic Banking

What’s there in the E-Book?

Electronic Payment system

E-payment is a method of conducting business or paying for products and services using an electronic medium rather than a cheque or cash.

Automated Teller Machines (ATM)

Automated Teller Machines (ATMs) are largely used for completing banking services such as cash withdrawals and depositing cash/cheques, among other things, using an ATM card. Dr C. Rangarajan’s committee suggested that ATMs be installed across India.

Advantages of ATMs:

To the Customers:

Accessibility around the clock
Transactions take less time (less queue)
Transactional privacy
Banking from any branch/anywhere
Card acceptance at different bank ATMs; even overseas tourists can use Maestro/VISA/ATMs.

To the Banks:

Setting up ATMs is less expensive than opening a branch.
By moving routine transactions to ATMs, bank employees can focus on more productive tasks.
ATMs are an important point of contact for cross-selling the bank’s goods.
Allows the bank to display items on the screen and acts as a public relations tool for the bank.
Handling cash is less of a burden.

The consumer interaction is provided by the ATM components listed below:

Keyboard/Keypad
Touch Screen
Video Display Monitor
Slots: There are slots in the ATM for various purposes as detailed below:

Cash Dispenser
Deposit Slot
Envelope Dispenser
Card Reader

Attempt JAIIB Mock Test Today

HWAK: The Intelligent Auto-teller and Netware Management System

Smart auto-teller systems are a type of auto-teller machine that can think for themselves, which means they’re quick, put less strain on your financial systems, and treat consumers more like personal bankers than less sophisticated auto-teller machines. Even without the luxury of a dependable communication network, HWAK delivers excellent service.

Advantages of HWAK:

Customer fulfilment.
High accessibility
Auto-recovery both online and offline
Full banking service at any moment
Low costs, shorter lines, and fewer tellers combined with ease of use
Early and quick adoption
Improved security and auditing
Network administration
Predictable ownership costs
One-stop auto banking for shopping.

Read More…

JAIIB Study Material Compilation

Principles And Practices Of Banking	Principles And Practices Of Banking \| Study Notes For JAIIB (oliveboard.in)
Reserve Bank of India	Reserve Bank of India: Organisation & Functions – Oliveboard
Types Of Shares And Their Issue	Types Of Shares And Their Issue- Types, Classification, Bonus Shares (oliveboard.in)
Understanding The Balance Sheet And Its Format	Understanding The Balance Sheets And It’s Format (oliveboard.in)
Accounting And Finance For Bankers	Accounting And Finance For Bankers \| Study Notes For JAIIB (oliveboard.in)
Assets & Liabilities	Assets & Liabilities – Meaning, Legal Requirements and more (oliveboard.in)
Public Sector Banks And Cooperative Banks	Public Sector Banks And Cooperative Banks \| JAIIB Study Notes (oliveboard.in)
Calculation of Interest and Annuities	Calculation of Interest and Annuities-Business Mathematics For JAIIB (oliveboard.in)
Calculation of YTM	Calculation of YTM(Yield to Maturity)-Basics of Business Mathematics (oliveboard.in)
Consumer Protection Act	Consumer Protection Act COPRA- Free Pdf Notes for JAIIB 2022 (oliveboard.in)
Risk and Basic Risk Management Framework	Risk and Basic Risk Management Framework JAIIB \| Oliveboard
Risks in Banking Business	Risk in Banking Business
Functions of Bank	Functions of Bank – Short Notes for JAIIB Exam \| Oliveboard