In the current digital transformation world and during the evolving modern technology, payments are changing rapidly. From a customer’s point of view, the rise of technologies such as mobile wallets and e-payments has made it easier than ever to pay for things and send money to friends. From a merchant’s point of view, mobile hardware readers have emerged in recent years that enable them to collect payments out in the field—not just at the counter.
Along with this evolution comes lots of new terminology—including mobile payments and digital wallets. The two terms might seem interchangeable to some people, but they are actually very different. During this learning track, participants will acquire the skills and knowledge needed to improve their knowledge and know about the best practices to apply while developing their e-payments systems.
Determine the need for electronic payment technology
List the advantages of digital payments
Understand how it will save cost to the entity
Define the meaning of Corporate and Consumer electronic payments
Know the current top market channels
Develop process excellence for effective digital banking products
Financial regulators concerned with mobile wallet security and compliance= Retailers and merchants considering mobile wallet integration= International money transfer service providers= Market analysts tracking mobile payment trends= Corporate finance and treasury professionals interested in efficient payment solutions.
