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Impact Of Electronic Payment System In The Nigerian Financial Institution
[A CASE STUDY OF FIRST BANK NIGERIA PLC] -
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ABSTRACT
This project work examines the impact of electronic payment system in Nigeria financial institutional system.
Sequel to the challenges encountered in our financial int6itutions towards meeting up with the responsibilities of the 21st century banking system to enhancing the growth of Nigeria economy sectors for developments in various operations of her economy.
The impacts of electronic payment in Nigeria financial institution are of various advantages and disadvantages. To enhance the operations of Nigeria banking systems, adequate security of fund is needed to be provide, instant accessibility to fund, quick transaction of fund, self transactions, and lots more.
Indeed, the disadvantages of electronic payment system in Nigeria financial institution system can as well be observed or noticed as, mail functioning of the electronic system, hacking of financial data’s and manipulations, to mention fear
This project work gives possible attenuations and recommendations on how electronic payment system in Nigeria financial system could be great advantages to the development and enhancing of operations in Nigeria financial systems
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CHAPTER ONE - [ Total Page(s): 2 ]CHAPTER ONE1.0 BACKGROUND OF THE STUDY 1.1 INTRODUCTION Payment systems are currently being developed around the world. As technology progressed, so too have payment systems. E-payment is the latest method of paying and exchanging value of payment. The CBN recently has granted approval to a number of Banks to introduce International and money transfer products, telephone banking, on-line banking via the internet, though on a limited scale.1.2 OBJECTIVES OF THE ... Continue reading---
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CHAPTER ONE - [ Total Page(s): 2 ]CHAPTER ONE1.0 BACKGROUND OF THE STUDY 1.1 INTRODUCTION Payment systems are currently being developed around the world. As technology progressed, so too have payment systems. E-payment is the latest method of paying and exchanging value of payment. The CBN recently has granted approval to a number of Banks to introduce International and money transfer products, telephone banking, on-line banking via the internet, though on a limited scale.1.2 OBJECTIVES OF THE ... Continue reading---
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ABSRACT -- [Total Page(s) 1]
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