Published January 6, 2023 | Version 3.4
Journal article Open

A Study On Payment and Settlement Systems for Card, ATMs and POS in Banks of Bangladesh

Authors/Creators

  • 1. Assistant Professor, Department of Commerce with Computer Applications, Mannar Thirumalai Naicker College (Autonomous), (Affiliated to Madurai Kamaraj University), Tamilnadu, India.

Description

In the current era, the banking system is affecting digital intelligence because banks of Bangladesh have adopted and established bankers and customers in Bangladesh. Payment and Settlement Systems is an organization. That influences several bank accounts and payments into one e-device. In such despair, payment and settlement systems, mainly the digital payment stages, played a significant function to remain the economy lively and enable the financial system to stay elastic. Certainly, a well-functioning and organized payment system is very important for an economy. The objectives of the study and evaluate Payment and Settlement Systems in the Bank of Bangladesh. And analyze the Card, ATMs and POS for five years (2016 to 2020) and predict forecasting analysis after five years to Payment and Settlement Systems in Bank of Bangladesh. The Descriptive Statistics is excellent growth. Analysis results forecasting analysis in are Card, ATMs and POS all are highly results for positive growth. Correlation Coefficient for Payment and Settlement Systems Card, ATMs and POS in Bank of Bangladesh is very highly positive relationship Hypothesis is framed and tested with regression analysis for Payment and Settlement Systems Card & ATMs, Card & POS and ATMs & POS in Bank of Bangladesh results for the all are null hypothesis rejected.

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