573 Abstract— In this paper is given one method of constructing payment via commonly used mobile phone, SIM-card and plastic card based on USSD-commands. NOWADAYS we can't imagine business and commerce without ICT. Government adopted many legislative acts, resolutions and decrees based on law and creating favorable conditions for online conducting of bargains. All these were done for the develo...

Payments can be classified as high-value or low-value. High-value transactions are typically related to purchases and sales of financial assets, mainly foreign exchange and securities. These transactions usually involve only financial institutions, large companies or high net-worth individuals. Payment instruments are either cash or non-cash. Cash is probably the most important instrument for l...

The emergence of e-commerce has created new financial needs that in many cases cannot be effectively fulfilled by the traditional payment systems. Recognizing this, virtually all interested parties are exploring various types of electronic payment systems, issues surrounding electronic payment system and digital currency. Broadly, electronic payment systems can be classified into four categorie...

This paper documents the importance of nonbanks in retail payments in the United States and in 15 European countries and analyses the implications of the importance and multiple roles played by nonbanks on retail payment risks. It shows that nonbanks play multiple roles along the whole payment processing chain of five main payment instruments (card payments, electronic cheques, credit transfers...

OBJECTIVES To assess how diagnosis-related group-based (DRG-based) hospital payment systems in 12 European countries participating in the EuroDRG project pay and incorporate technological innovation. METHODS A standardized questionnaire was used to guide comprehensive DRG system descriptions. Researchers from each country reviewed relevant materials to complete the questionnaire and drafted s...

many e-commerce transactions via e-payment systems is carried out. the aim of this study is that the theory of structures, an empirical analysis about the importance and ranking key factors that may be on customer satisfaction in electronic payment systems affect the iranian banks.9 specific topics of the factors in e-payment systems, customer satisfaction and affect are more key, were selected...

In this paper, we focus on those policy instruments with monetary incentives that are used to contain public health expenditure in high-income countries. First, a schematic view of the main cost-containment methods and the variables in the health system they intend to influence is presented. Two types of instruments to control the level and growth of public health expenditure are considered: (i...

payment order in eft can be a negotiable instrument in two ways; it can be an instrument based on custom and regulation meaning that whether it should be considered as new instrument or be incorporated in one of the current instruments. in light of iranian legal system and against common law, it is not acceptable that a new negotiable instrument be created by custom because some characteristics...