Book Brief
Title: WWUPS: A Systems Framework for Global Payment Interoperability – Architecture, Modeling, and Policy Design for Cross-Border Payment Systems
Author: Mokhdum Mashrafi
Publisher: EduPub
ISBN: 978-93-92585-45-6
Language: English
Publication Year: 2026
WWUPS: A Systems Framework for Global Payment Interoperability presents a comprehensive vision for the future of international financial connectivity through the development of an interoperable and unified global payment ecosystem. The book introduces the concept of WWUPS (Whole World United Payment System) as a systems-engineering framework designed to bridge fragmented national payment infrastructures and create seamless, secure, and low-cost cross-border financial transactions. It explores how digital public infrastructure, interoperable protocols, and mathematical modeling can transform global financial systems into an integrated network that supports inclusive and efficient economic exchange.
The book examines the architecture of next-generation payment systems by combining systems theory, network engineering, financial technology, and public policy design. It discusses core components including interoperability protocols, digital identity frameworks, API-driven integration models, distributed ledger technologies, settlement optimization algorithms, cybersecurity mechanisms, and real-time transaction processing systems. Through analytical and mathematical modeling approaches, the author proposes scalable frameworks for liquidity management, transaction routing, risk mitigation, governance structures, and interoperability between central banks, commercial banks, fintech platforms, and digital wallets operating across different countries and currencies.
A significant contribution of the book lies in its focus on policy design and institutional coordination for cross-border payment systems. It highlights the importance of harmonized regulatory frameworks, international cooperation, financial inclusion strategies, and digital economic governance in building a truly connected global payment infrastructure. The book further discusses the role of interoperable payment systems in reducing remittance costs, facilitating international trade, supporting digital commerce, and strengthening financial accessibility for underserved populations. Intended for policymakers, economists, researchers, fintech innovators, banking professionals, and students, this work provides both a theoretical foundation and a practical roadmap for developing sustainable and globally interoperable payment ecosystems in the digital era.
