From Tap to Transfer – Making Sense of Banks and Payment Service Providers

Every time you pay for your groceries, book a ride, or shop online, you’re using a financial service – either a bank or a financial institution, even if you don’t realise it. The world of payments is a fast-paced environment where new methods of payment are constantly being developed.

The payment sector is a core component of the financial system which enables modern economies to function smoothly, where consumers and merchants need to have effective and convenient means of making and receiving payments.

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