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THE ROLE OF RUSSIA’S NATIONAL PAYMENT SYSTEM IN CASHLESS PAYMENTS DEVELOPMENT
Petegirich Anastasia Valer’evna1, Bondarenko Tat’ana Nikolaevna2
1Vladivostok State University of Economics and Service, 4th year student of the Department of International Business and Finance
2Vladivostok State University of Economics and Service, Senior Lecturer of the Department of International Business and Finance
1Vladivostok State University of Economics and Service, 4th year student of the Department of International Business and Finance
2Vladivostok State University of Economics and Service, Senior Lecturer of the Department of International Business and Finance
Abstract
A number of negative political and economic factors affect the development of Russia’s system of cashless payments. The article deals with the role of the national payment system in cashless payments development. This issue has become very urgent since March 2014 when some political changes occurred in Russia. All the measures undertaken by the Russian Federation Central Bank and Russia’s legislative bodies and executive power aim at reaching the main goal of the national payment system – that is to ensure continuity, efficiency and availability of cashless payments, including card payments.
Keywords: banking services, commercial bank, international payment system, national payment system, payment system, plastic cards
Category: 08.00.00 Economics
Article reference:
The Role of Russia’s National Payment System in Cashless Payments Development // Modern scientific researches and innovations. 2015. № 7. P. 2 [Electronic journal]. URL: https://web.snauka.ru/en/issues/2015/07/54726
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