Episode 15: Lecture on how payment systems are organised in the UK. Introduction to the types of payments and the legal mechanisms that give effect to them. Watch our 16-lecture e-course on Law for Business on https://youtube.com/playlist?list=PL0SRMDGnJ1lxL-fbIvmGYj7cjKjMb7VGz and if you found it useful, share it with a friend.
00:00 Payment Systems
02:42 Cheques
10:29 Credit and debit cards
15:37 Settlement and clearing
31:32 Taxation issues
35:50 Next video
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