An Assessment of Computer Based Transactions in Nigeria
Payments using computer is not as easy as we think, now that Nigeria has started practicing cashless economy, knowing how to do transactions with the computer machine will be highly recommended. The new policy by Central Bank of Nigeria (CBN) on cashless system of payment has raised a lot of concern to the growth of Nigerian economy, with the objective of reducing robbery, high cost of processing cash, revenue leakages, inefficient treasury management, promoting economic development through financial intermediation ,e.t.c. should be considered. This paper assesses the technological modality of using computer based payments, to achieve cashless economy in Nigeria. For instance ATM, Bank Wire Transfer, Western Union, Mobile Banking, PayPal, Perfect Money , Ego pay , Payza , Credit Card , Master Card, Electronic Checks, Gift Cards, Vogue pay, 2checkout, to name but a few as means of achieving cashless economy in Nigeria. It also gives the details of all kinds of payments system using the computer machine
Keywords: payment, ATM, Bank Wire Transfer, Western Union, Mobile Banking PayPal
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ABOUT THE AUTHORS
Modesta Ezema
Department of Computer Science, University of Nigeria, Nsukka Enugu State, South-Easth, Nigeria
Christopher Ezema
Department of Electrical Electronics Engineering, Enugu State University of Science and Technology , Agbani , Enugu State, South-Easth, Nigeria
Caroline Asogwa
University of Nigeria Library, University of Nigeria, Nsukka Enugu State, South-Easth, Nigeria
Modesta Ezema
Department of Computer Science, University of Nigeria, Nsukka Enugu State, South-Easth, Nigeria
Christopher Ezema
Department of Electrical Electronics Engineering, Enugu State University of Science and Technology , Agbani , Enugu State, South-Easth, Nigeria
Caroline Asogwa
University of Nigeria Library, University of Nigeria, Nsukka Enugu State, South-Easth, Nigeria
