scholarly journals Electronic Payment Systems and Blockchain as a Constituent Part

2018 ◽  
Vol 3 (2) ◽  
pp. 174
Author(s):  
Lukina E.E. ◽  
Dolgachev M.V.
Keyword(s):  
Review Article ◽  
Electronic Payment ◽  
Payment Systems ◽  
Constituent Part ◽  
Blockchain Technology

The proposed review article provides information on modern electronic payment systems, especially focusing on how the mechanism of bitcoin works, blockchain technology, also describes the scope of blockchain's application.

scholarly journals ELECTRONIC PAYMENT SYSTEM AND BLOCKCHAIN AS ITS VITAL PART

2020 ◽  
Author(s):  
M.Sh. Agzamova (Nuriddinova)
Keyword(s):  
Payment System ◽  
Review Article ◽  
Electronic Payment ◽  
Payment Systems ◽  
Vital Part ◽  
Blockchain Technology ◽  
Electronic Payment System

The proposed review article provides information on modern electronic payment systems, especially focusing on how the mechanism of bitcoin works, blockchain technology, also describes the scope of blockchain’s application

scholarly journals REASONS OF APPEARANCE AND ASSESSMENT FEATURES OF RISK IN ELECTRONIC PAYMENT SYSTEMS

2018 ◽  
pp. 6-10
Keyword(s):  
High Speed ◽  
New Technologies ◽  
Service Providers ◽  
Electronic Payment ◽  
Payment Systems ◽  
Single Chain ◽  
Business World ◽  
Blockchain Technology ◽  
Secure Environment ◽  
High Level

In this era of digital technology, when many new technologies were aimed at integrating new technologies, the blockchain turned out to be the most effective. Blockchain is an innovation in the virtual business world for creating a payment gateway that allows you to create a more secure environment for users. If we are talking about blockchain wallets, they are mainly designed to quickly and securely manage online payments. In this regard, the demand and popularity of the development of blockchain collages is constantly increasing. This article development of electronic payment systems study is devoted. The article discusses the issues of modeling and risk assessment, approaches to risk prevention in the field of electronic payments. In particular, a new blockchain technology wallets is being considered, which will make it possible to prevent a number of risks in electronic payment systems, allow payments to be made at high speed, ensuring a high level of security. Ultimately, companies are looking for convenient, fast and reliable payment systems to streamline processes, and blockchain technology has the potential to make all this a reality - and therefore we expect companies to increasingly look for payment service providers who can help them with access to blockchain . This is likely to be particularly relevant in areas with high levels of exposure, such as multicurrency payments or multi-country payments, which relatively small payment gateways comprehensively cover even in the world, not connected by a single chain. Entering the partner market of other states also apply for legal audits.

scholarly journals Problems of development of non-banking payment systems in Ukraine

2019 ◽  
pp. 80-88
Author(s):  
Volodymyr Tkachuk
Keyword(s):  
Public Procurement ◽  
Structural Features ◽  
Electronic Payment ◽  
Payment Systems ◽  
Electronic Money ◽  
Blockchain Technology ◽  
Domestic Legislation ◽  
Rapid Pace ◽  
The One ◽  
The Right

Introduction. The development of non-cash payments is the key to economic growth in any country, because on the one hand, the level of control over payments increases, and on the other - the volume of customer spending increases, which leads to increased consumption and GDP growth. However, current trends in e-commerce and online commerce require the emergence of new technological solutions in the form of electronic payment systems that can legally handle transactions with electronic money and cryptocurrencies. Given the rapid pace of growth in transactions through non-banking electronic payment systems, the issue of identifying obstacles to the development of such payment systems is urgent, especially in view of the need to ensure effective oversight of payments and the deduction of payments. Purpose. The study of the main problems of development of non-banking payment systems in Ukraine in terms of their structural features and importance for the development of the national economy, as well as the development of recommendations for improving the right regulation of payment transactions with electronic money and cryptocurrencies. Results. The features of the development of non-bank payment systems in Ukraine are investigated. The author classification of non-bank payment systems is offered. The main directions of development of electronic payment systems in Ukraine are identified and the obstacles to the integration of international electronic payment systems providing cryptocurrency payment services are highlighted. Measures to improve domestic legislation in the field of electronic payment and cryptocurrency based electronic payment systems are proposed, as well as recommendations on the creation of a state non-banking electronic payment system using blockchain technology to increase transparency and public procurement payments paying taxes.

DEVELOPMENT OF ELECTRONIC PAYMENT SYSTEMS IN A PANDEMIC: ANALYSIS OF THE STATE AND FIRECASTING THE CONSEQUENCES

2021 ◽  
Vol 1 (5) ◽  
pp. 112-117
Author(s):  
V. V. TADTAEVA ◽  
◽  
B. E. BAGAEV ◽  
A. A. BESAEVA ◽  
A. E. KALMANOVA ◽  
...  
Keyword(s):  
The State ◽  
Economic Life ◽  
Modern World ◽  
Electronic Payment ◽  
Payment Systems ◽  
Electronic Money

Money is an integral part of the economic life of society. Payments are made both in cash and in non-cash form. During the COVID-19 epidemic, the use of electronic payment systems became the most profitable. The article examines the role of electronic money in the modern world in the context of a pandemic. Is given a rating of e-payment systems in Russia for 9 months. 2020.

scholarly journals CURRENT STATE OF THE UKRAINIAN MARKET OF ELECTRONIC PAYMENT SYSTEMS

2021 ◽  
pp. 118-128
Author(s):  
Tetiana ZATONATSKA ◽  
Olena VOLVACH
Keyword(s):  
Future Research ◽  
Electronic Payment ◽  
Payment Systems ◽  
Development Trends ◽  
Current State ◽  
The World ◽  
The Impact

Introduction. Today, almost the only industry in the country that Ukraine can really be proud of and which is considered one of the most technologically advanced in the world is the development of card technologies, payment technologies and card infrastructure. The purpose of the article is to analyze the current state of electronic payment systems in Ukraine and highlight development trends. Results. The modern fintech directions in Ukraine are analyzed and examples of the impact of COVID-19 on the market of electronic payment systems for the last period are given. A number of trends are highlighted for further research in the field of electronic payment systems, which are now quite promising. Perspectives. Given the significant increase in non-cash payments, the problem of developing financial technologies and spreading awareness among the population has become especially urgent. It is necessary to improve not only the financial technologies themselves, but also the ways of providing them to clients and promoting modern financial technologies. Electronic payment systems can still be considered one of the most promising areas for future research.

scholarly journals Cashless Economy in India: Challenges Ahead

2020 ◽  
Vol 8 (1) ◽  
pp. 21-30
Author(s):  
Aslam Hasan ◽  
Mohammed Atif Aman ◽  
Mohd Ashraf Ali
Keyword(s):  
Money Laundering ◽  
Central Government ◽  
Online Banking ◽  
Electronic Payment ◽  
Payment Systems ◽  
New Era ◽  
Digital Money ◽  
The Way

In an attempt to curb-out black money, money laundering, and to have a sound economy, the central government of India has embarked on the cashless economy. It is the birth of a new era in the nation with life with digital money. This paper is going to conceptualize the meaning of a cashless system, explains online banking techniques in India, schemes by government to spread the cashless system in India and highlights the challenges of the cashless economy and electronic payment systems. The objective of this study is to examine the significant challenges that are faced by Indians on the way towards cashless. To achieve the objectives of this exploratory type of personal study, interviews will be conducted.

scholarly journals Liability in the field of digital payment systems and cryptocurrencies: mission is (im)possible?

2021 ◽  
Vol 10 (42) ◽  
pp. 186-195
Author(s):  
Liydmyla Panova ◽  
Siuzanna Tsurkanu ◽  
Oleh Synieokyi ◽  
Zoriana Dilna ◽  
Ivan Prymachenko
Keyword(s):  
Legal Status ◽  
Criminal Liability ◽  
Criminal Activity ◽  
Legal Regulation ◽  
Electronic Payment ◽  
Payment Systems ◽  
Legal Method ◽  
Internet Users ◽  
System Method ◽  
International Comparative

An electronic payment system is a system of settlements between different organizations and Internet users when buying or selling goods or services over the Internet. The relevance of the research topic is that electronic payment systems are used widely at the present stage of the development of society. This area has not escaped criminal activity. Penalties for digital payment systems and cryptocurrencies should be commensurate with the level of damage caused. The article analyzes the international legal establishing liability for this type of crime. At the instant, it remains an open question for further study of the legal status of cryptocurrency in different countries and the settlement of penalties for violations in the field of digital payment systems and cryptocurrency. Research methods: comparison, observation, analysis, synthesis, analogy, the system method, generalization method, and formal-legal method. According to the results of the study, the international comparative aspect of the types of liability for offenses in the field of digital payment systems was analyzed; the issue of criminal liability for offenses in the field of digital payment systems and cryptocurrencies, as a key punishment for these actions; identified means of protection of payment systems; the issue of legal regulation of cryptocurrency in different countries.

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