期刊名称：Journal of Emerging Trends in Economics and Management Sciences
电子版ISSN：2141-7024
出版年度：2014
卷号：5
期号：5
页码：412-418
出版社：Scholarlink Resource Centre
摘要：Payment systems have evolved over the years in tandem with the quantum leap in the volume and value ofpayment system transactions. Consequentially, the banking sector together with the financial regulatoryinstitutions have developed safe, reliable and robust payment streams such as the Real Time Gross Settlement(RTGS) system. This research seeks to evaluate the usage and operational framework of the Real Time GrossSettlement system in the Zimbabwean banking sector. The cross-sectional survey research design was adoptedfor this research. The major findings from the research were that the RTGS system is widely available andoptimally utilized. There are manual interventions between the RTGS system and core banking systems. It wasconcluded that there is capacity to synchronize the RTGS system with other payment streams, the RTGS systemrules and procedures are not fully implemented by financial institutions and the framework governing the RTGSsystem is largely comparable to international best practice. Recommendations were that the RTGS systemshould be synchronized with other electronic payment streams, the adoption and implementation of the Straight-Through Processing should be expedited and that there should be an introduction of system availabilitybarometers.
关键词：real time gross systems (RTGS); payment systems; payment streams; operational framework;synchronize
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