Explain the Payments System Board's Planned Innovations to the Retail

question 76

Essay

Explain the Payments System Board's planned innovations to the retail payment system.

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Definitions:

Discrimination

Unfair treatment of individuals or groups based on characteristics such as race, gender, age, or sexual orientation.

Ethnocentrism

The belief in the inherent superiority of one's own ethnic group or culture, often accompanied by prejudice towards other groups.

Ethnicity

A social group that shares a common and distinctive culture, religion, language, or the like.

Clinical Research

The study of health and illness in people, aimed at discovering or verifying the effects of treatments, drugs, and techniques on human beings.