The Sustainability of Financial Innovation in E-Payment Systems

The financial system is the heart of an economy, and payment systems are the nerves. 'The Sustainability of Financial Innovation in E-Payment Systems' presents a model for the long-term viability of EPSs and strategies for creating a positive economic impact.

Format: Hardback
Length: 240 pages
Publication date: 25 July 2023
Publisher: Emerald Publishing Limited

The financial system is the beating heart of an economy, and payment systems are its vital nerves. As we navigate the transition towards a cashless economy, it becomes crucial to gain a deep understanding of customers' perceptions towards digital transactions in order to develop effective and sustainable E-Payment Systems (EPSs).

Drawing on a decade of extensive research in India and across the globe, 'The Sustainability of Financial Innovation in E-Payment Systems' emerges as a timely and indispensable framework for ensuring the long-term viability of EPSs. It offers practical strategies for creating a positive and tangible economic impact, making it a valuable resource for academics, policymakers, commercial decision-makers, and researchers alike.

In this comprehensive volume, experts delve into the multifaceted aspects of EPSs, exploring their sustainability, technological advancements, and the impact on various stakeholders. They examine the challenges and opportunities that arise in the digital payment landscape, shedding light on the factors that contribute to their success or failure.

The book provides a comprehensive roadmap for designing and implementing EPSs that are both secure and user-friendly. It emphasizes the importance of incorporating ethical considerations and social responsibility into the development process, ensuring that EPSs contribute to the overall well-being of society.

Furthermore, 'The Sustainability of Financial Innovation in E-Payment Systems' offers valuable insights into the future of digital payments. It explores emerging trends, such as the integration of artificial intelligence, blockchain technology, and big data analytics, and their potential to revolutionize the way we transact and manage finances.

By leveraging the expertise and insights presented in this book, stakeholders can maximize the positive impacts of the rapid and ongoing changes in the financial industry. EPSs have the potential to enhance convenience, efficiency, and accessibility, driving economic growth and promoting financial inclusion.

In conclusion, 'The Sustainability of Financial Innovation in E-Payment Systems' is a must-read for anyone interested in the future of digital payments and the role of EPSs in shaping our economic landscape. It provides a comprehensive and insightful perspective on the sustainability, technological advancements, and societal implications of EPSs, equipping readers with the tools they need to navigate the complexities of the digital payment ecosystem.

Dimension: 229 x 152 x 18 (mm)
ISBN-13: 9781804558850