Global Financial Reserach

The emergence of Internet has changed the financial world to its every aspect of commercial activity. From the sale to purchase, marketing to finance, every aspect of commercial activity is being carried out using the facility of the Internet. Continuous innovation in the field of financial services, and at the same time rapidly growing number of online transactions and the introduction of electronic payment means have considerably modified the characteristics of the traditional payment system. The use of the Internet definitely facilitates electronic communication between and among customers, suppliers and financial service providers. And at the same time, the Internet brings new avenues of channels of distribution, creating novel business models that do not allow the traditional means