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The Acceptance of Prepaid Salary Cards in the South African Fuel Retail Industry
According to FinScope (2008), 37.3% of the South African population is currently unbanked - this amounts to approximately 12 million people who do not have a bank account in their name. Salaries and wages are paid by cash or cheque, resulting in losses to the country's Gross Domestic Product (GDP) through cash payment systems, 'grey' economies, increased friction, and higher transactional costs, whilst creating opportunities for criminals. Financial Intelligence Centre Act (FICA) regulations, including Exemption 17, have made it difficult for the Living Standards Measure (LSM) 1-5 socio-economic group of people to open bank accounts. Similari…
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Produktdetails
- ISBN: 978-3-8454-0884-2
- EAN: 9783845408842
- Produktnummer: 37678913
- Verlag: LAP Lambert Academic Publishing
- Sprache: Englisch
- Erscheinungsjahr: 2011
- Seitenangabe: 160 S.
- Masse: H22.0 cm x B15.0 cm x D1.0 cm 256 g
- Abbildungen: Paperback
- Gewicht: 256
Über den Autor
Alastair Campbell gained senior management experience in the fields of electronic retail, short-term insurance, and pre-paid debit cards as of 1992. In 2010, he successfully completed a Masters in Business Administration (Distinction) at Milpark Business School (South Africa) additionally receiving the Top Student Award and Best Dissertation Award.
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