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Payment Systems, Monetary Policy and the Role of the Central Bank is written by Mr.Richard K. Abrams and published by International Monetary Fund. It's available with International Standard Book Number or ISBN identification 1557756260 (ISBN 10) and 9781557756268 (ISBN 13).
A payment system encompasses a set of instruments and means generally acceptable in making payments; the institutional and organizational framework governing such payments, including prudential regulation; and the operating procedures and communications network used to initiate and transmit payment information from payer to payee and to settle payments. This book, by Omotunde E.G. Johnson, with Richard K. Abrams, Jean-Marc Destresse, Tony Lybek, Nicholas Roberts, and Mark Swinburne, identifies main policy and strategic issues in payment system reform, describes the structure of payment systems in selected countries, highlights areas of consensus, and suggests the direction for future policy analysis.