ELECTRONIC MONEY REMITTANCE & VERIFICATION SYSTEM AS A STANDARD SOLUTION FOR E-PAYMENT (A CASE STUDY OF G.T. BANK PLC, ABA)

The Electronic money remittance and verification system has emerged as a standard solution for e-payment revolutionizing the way financial transaction are conducted. This system allows for seamless and secure money transfer between individual and business, eliminating the need for physical currency and checks. In this case study, we examine the implementation of this system at GTB bank Plc, Aba Nigeria. Our findings show that the electronic money remittance and verification has significantly improved the efficiency and securities of financial transaction, reduced transaction costs, and minimize the risk of fraud has made it and indispensable tool for financial institution and individual alike. This study highlights the importance of embracing electronic payment solutions to entrance financial inclusion and promote economic growth. By implementing this system, GTB Bank Plc, Aba, has been able to enhance the efficiency and security of financial transactions, leading to increased customer satisfactionand loyalty. As technology continues to advance, embracing electronic payment solution will be crucial for promoting financial inclusion and drivingelectronic growth.