Design And Implementation Of Security Support System For Enhancement Cashless Transaction

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Abstract

This paper studied the impact of cashless policy in Nigeria. The policy was introduced by Central Bank of Nigeria (CBN) in December 2011 and was kick-started in Lagos in January 2012. Survey research was adopted with questionnaire as data collection instrument. Responses from the respondents show that cashless policy will increase employment; reduce cash related robbery thereby reducing risk of carrying cash; cashless policy will also reduce cash related corruption and attract more foreign investors to the country. The study, therefore, shows that the introduction of cashless economy in Nigeria can be seen as a step in the right direction. It is expected that its impact will be felt in modernization of Nigeria payment system, reduction in the cost of banking services, reduction in high security and safety risks and also curb banking related corruptions.

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Computer Engineering (1128), Computer Science (1148)

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Research Guidelines

Abstract should provide a concise summary of the Design And Implementation Of Security Support System For Enhancement Cashless Transaction, including the issue statement, methodology, findings, and conclusion.

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Literature review should present a review of related literature that supports the current research on the Design And Implementation Of Security Support System For Enhancement Cashless Transaction, systematically identifying documents with relevant analyzed information to help the researcher understand existing knowledge, identify gaps, and outline research strategies, procedures, instruments, and their outcomes.

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