Top 5 Books in 2023 to Understand Payments Systems

Have you already set your goals for 2023? While living a healthy lifestyle with a good diet, meditation and exercise are among the most common resolutions Australians make at the beginning of a new year, the importance of economics and finances should never be neglected. If you think about it, payment systems are a key element for the good performance of financial systems in the whole world. Whether you have a merchant account in Australia or just want to organize your monthly budget efficiently, you should invest some time in learning the basics. If you want to understand the process behind payments, in this article we bring you a list of the top 5 books you can’t miss in 2023.

1. Payment Technologies for E-Commerce 

A great work featured by Weidong Kou for those who are interested in the essential elements linked to electronic payments, including public key infrastructure, authentification, smart cards, among others. One of the best things about this book is that you will get enough information to fully understand the points of secure electronic payments aided by the internet, but you will also have a complete introduction to e-payment options and systems.

In this regard, read also: What is an Electronic Wallet (e-wallet) and How Does It Work?

2. Payment System Technologies and Functions: Innovations and Developments 

This is an amazing book that every person who is keen to learn about payment systems should read, as it is truly helpful with financial operations. Written by the author Masashi Nakajima, who takes the time to deeply explain the basics of infrastructure for financial markets and business activities, covering many important topics. You will be provided with key points of the different types of commercial trades and types of transactions. 

3. Financial Services Revolution: How Blockchain is Transforming Money, Markets, and Banking

In this book, the renowned author Alex Tapscott will teach you the important interactions between new technologies, collaborations, and individuals, since he has vast experience to share, becoming a leader in emerging technologies. If you have read a bit of information regarding payment systems, then you should know that blockchain technology is being used nearly everywhere. Finally, this book offers a valuable opinion about the future of the financial industry in the global economy.

4. FinTech Founders: Inspiring Tales from the Entrepreneurs that are Changing Finance

This is one of the most complete books (brought to you by Agustín Rubini) covering the topic of FinTech companies like a pro, specially designed for entrepreneurs since it provides real-world applications. If you are one of those people starting to learn the basic concepts related to the application of technology in the financial industry, this is your go-to. This work will provide you with the tools to understand the state of the art in FinTech. 

5. Before Babylon, Beyond Bitcoin: From Money That We Understand to Money That Understands Us

If you are the kind of reader who likes books with a visionary approach, you must read this popular author who explains financial problems from the point of view of history and philosophy, as he explains his hypothesis about how money and culture have an interwoven dynamic, and how economies start to operate at a global level, becoming more and more digital, leaving the cash transactions behind. The author offers a series of predictions of what the future of money can look like under different scenarios.