Duration : 1 year (Yearly Mode)
Cash was the primary mode of payment in most countries worldwide today, despite the explosive expansion of non-cash forms in recent decades. Cheques were used as the first non-cash payment method, followed by wire transfers, the card system, and digital payments.
The Government of India has given the promotion of digital payments top importance to formally include all facets of our nation in using these services. An important component is the promotion of the digital payments ecosystem, which aims to digitize the financial system and economy and bring about benefits such as efficiency, transparency, and quality.
The goal is to make seamless digital payment available to all Indian people in a practical, simple, affordable, rapid, and secure way.
To realize the government's goal of giving our nation's inhabitants digital empowerment, Mansarovar Global University in bhopal MP has developed the infrastructure to raise awareness among all stakeholders by promoting digital payments. Four modules, each covering a distinct aspect of payments—from cards and mobile payments to corporate payments and cryptocurrencies—are used to provide the course.
We advise you to make an effort to complete the course within six weeks. Try to be mindful of the various payment options you use while grocery shopping or making in-store purchases during this period!
Possess in-depth knowledge of the various infrastructure layers, including client-bank, internal to the bank or group, interbank, settlement, and cross-currency. It will offer a thorough knowledge of how money has changed and will continue to change due to the emergence of digital currencies and shifting consumer behavior.
Know the high-level business/process architecture of a bank, a professional (corporate or public) payment user, and a payments processor; be aware of the potential for expanding STP and utilizing AI.
Understand the scope of jobs in Fintech companies that are creating new payment infrastructure and exploiting the data surrounding payments to provide customers with added value are some of the most valued new financial services companies Recognize the importance of intermediaries in the 'end-to-end' execution of payments and the choice of a payment instrument.
Recognize the function of the registration and licensing procedures and how consumer protection is applied to payments.
The commerce program teaches us the different modes of cashless transaction systems like online transaction via net ban and transaction through different apps with security features.
We help you discover the path to your future.
Based on Merit in the qualifying examination. Reservation for SC/ST/OBC/PH as per State Government norms.
Take the first step towards a brighter future with Mansarovar Global University. Our diverse range of courses is designed to cater to your academic and professional aspirations. Apply now and join a vibrant community of learners and innovators as you embark on your journey to success!
Cash is not used in cashless transactions; instead, payments are accepted or made digitally. For example credit/debit cards, cheques, DD, NEFT, etc.
To be eligible for admission to the Diploma in Cashless Transaction System program, you must have completed your 10+2 coursework with an aggregate score of 50%.
Academic quality serves as the foundation for the Mansarovar Global University admissions process. As per state government regulations, seats are reserved.
Admission to a Cashless Transaction Systems diploma program can provide several worthwhile advantages, such as relevance in the digital space, financial inclusion, etc.
Diploma in Cashless Transaction System course duration is 1 year.