Analysis of electronic payment systems in Ukraine

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2019

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Sumy State University
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Abstract

Nowadays, payment systems are an important part of the economy of any country. In the course of economic activity they satisfy needs of economic entities through transfer of funds. As a result it supports the financial industry, improves monetary relations and the execution of interstate currency payments. Safe and efficient payment systems are the key to sustainable activity of the banking system and the country's economy as a whole. The payment system is a payment association, members of the payment system and the complex of relationships that emerge between them immediately upon making money transfer. Money transfer is a general function of payment system. There are many functions involved with payment systems: transfers of funds, payments through terminals and through the Internet.

Keywords

electronic payment systems, електронні платіжні системи, электронные платежные системы, money transfe, переказ грошей, перевод денег

Citation

Shepilov, D. Analysis of electronic payment systems in Ukraine[Текст] / D. Shepilov, L.O. Sigida, L.S. Otroshchenko // Проблеми та перспективи розвитку фінансово-кредитної системи України збірник матеріалів ІV Всеукраїнської науково-практичної on-line-конференції: у 2 ч. (м. Суми, 21–22 листопада 2019 року) / Навчально-науковий інститут бізнес-технологій «УАБС» Сумського державного університету. – Суми: Сумський державний університет, 2019. – Ч.1. – С. 107-111.

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