-
Impact Of Pos Banking On Churches
CHAPTER ONE -- [Total Page(s) 3]
Page 2 of 3
-
-
-
STATEMENT OF PROBLEM
Reliance on cash based system of donation and
offering in churches has however been found to be risky and cumbersome
because money outside the banks cannot be subjected to regulatory and
operational procedures, and the ability of monetary policy to achieve
set objectives in the presence of sizeable currency out of Bank (COB) is
therefore limited. Hence, many churches make use of POS for offering
and donation collection from members to prevent the risks involved in
carrying cash about. This cash carrying character of Nigerians is also
responsible for large pool of money in the hands of the unbanked
citizens. No research has been carried on the impact of POS on churches.
However, the researcher is examining the impact of POS on churches.
OBJECTIVES OF STUDY
The following are the objectives of this study:
To examine the impact of POS on churches.
To examine the existing payment method/system in churches.
To examine the limitations of POS on church payment system
RESEARCH QUESTIONS
1. What is the impact of POS on churches?
What are the existing payment methods/systems in churches?
What are the limitations of POS on church payment system?
1.5 RESEARCH HYPOTHESIS
H0: the use of POS in churches does not promote efficiency and accountability
H1: the use of POS in churches promotes efficiency and accountability
CHAPTER ONE -- [Total Page(s) 3]
Page 2 of 3
-
