Titlebook: Introduction to Payments and Financial Market Infrastructures; Ulrich Bindseil,George Pantelopoulos Textbook 2023 The Editor(s) (if applic

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Introduction to Payments and Financial Market Infrastructures978-3-031-39520-8Series ISSN 2192-4333 Series E-ISSN 2192-4341

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Retail Payments,elevant categories, the recording of positions and the notion of legal tender. A brief history of payments is then outlined. Finally, the concepts of retail payment instruments, schemes and arrangements are explained and illustrated.