Mauritius automated clearing and settlement system


Question1. Explain briefly 3 techniques of electronic payment.

Question2. Illustrate briefly the phrase E-Billing.

Question3. Illustrate three advantages of E-Billing.

Question4. Why is credit card not appropriate for micro-payments?

Question5. Describe the purpose of the Mauritius Automated Clearing and Settlement System (MACSS).

Question6. Illustrate three benefits of MACSS.

Question7. What is the purpose of S.W.I.F.T throughout fund transfers?

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Finance Basics: Mauritius automated clearing and settlement system
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