Digital Payment Governance
Digital Payment Governance refers to the policies, controls, roles, and oversight processes that ensure electronic payments are initiated, approved, processed, and monitored securely and in line with regulatory and organisational requirements. It covers areas such as approval workflows, segregation of duties, fraud prevention controls, audit trails, and compliance with internal payment policies.
Effective digital payment governance helps organisations reduce operational and fraud risk, maintain visibility over payment activity, and ensure that all digital transactions are authorised, traceable, and aligned with financial control frameworks.
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