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Electronic innovations of payment systems implemented by using bank cards and electronic money


Zulyfiya Abdeeva
(about the author)

Abdeeva Zulyfiya Rashidovna – Postgraduate, Department of Economics, Bashkir State University, Ufa

Published in:
Russian Journal of Entrepreneurship
– № 24 / December, 2014



Keywords: bank card, cashless transfers, electronic money, electronic payment system


Citation:
Zulyfiya Abdeeva (2014). Electronic innovations of payment systems implemented by using bank cards and electronic money. Russian Journal of Entrepreneurship, 15(24), 109-114. — url: http://bgscience.ru/com/lib/4892


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Abstract:

The contemporary innovations of the Russian payment system are similar to the world process in many respects. The basis of these innovations is the operation of the objective economic law where the nature of the production relations (including monetary ones) must correspond to the increased level of the development of production forces – the progress of information and computer technologies. In accordance with this, the article discusses the categories of "electronic money" and "plastic card," their main types, as well as their distinct advantages.








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