THE CONCEPT AND FEATURES OF THE PAYMENT SYSTEM

Authors

  • Ganiev Erpolat Zhamilevich Assistant of the Department of Criminal Law and Civil Law Sciences of Karakalpak State University

Keywords:

national payment system, payment service agreement, payment service operator, payment operator, financial service, banking service, financial assets, payment service user, Internet, electronic means of payment, bank cards, electronic money, money transfers.

Abstract

The payment system is the main component of the monetary system. The main objectives of the national payment system are efficient, fast, economical and accurate implementation of the turnover of funds for transactions, safe and efficient operation, as well as ensuring that the payment system does not work. The payment system is a substitute for cash payments both within the country and abroad. Therefore, improving the payment system, meeting the requirements of global payment systems and protecting the rights of participants (parties) is of great importance today.

Downloads

Published

2023-10-05

How to Cite

Ganiev Erpolat Zhamilevich. (2023). THE CONCEPT AND FEATURES OF THE PAYMENT SYSTEM. Web of Scientist: International Scientific Research Journal, 4(10), 29–39. Retrieved from https://wos.academiascience.org/index.php/wos/article/view/4375

Issue

Vol. 4 No. 10 (2023): wos

Section

Articles

License

Copyright (c) 2023 Web of Scientist: International Scientific Research Journal

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.