Is there a secret to easily understand payments systems in any country? Do you know the payment market infrastructures of your country and how they are structured? This is the first of a series of videos where we will examine payment market infrastructures of a few countries in the world. And we begin with Sweden. In the video below, you learn why we chose to begin with Sweden.
Sweden has an own currency: the Swedish Krona. And Sweden belongs to the SEPA Area and therefore can access the Euro Payment Market infrastructures. In the video, we consider the systems used by Swedish banks to exchange, clear and settle payments in Swedish Krona. Before that, we present the generic model of Payment Market infrastructures anywhere in the world. More in the video.
If you want to acquire payment skills easier and faster, we encourage you to enroll to one of our courses available on the online training platform Paymerix website.