scholarly journals Increasing the share of non–cash payments and settlements in the Kyrgyz Republic

2021 ◽  
Vol 14 (4) ◽  
pp. 50-60
Author(s):  
A. M. Maratov ◽  
К. А. Ajekbarov

 The paper considers the payment system of the Kyrgyz Republic in the light of integration into the EAEU. The development of non–cash payment markets in the EAEU member states differs significantly. The level of development of the payment system in Kyrgyzstan is not high; significantly higher levels of this branch development in the union are noted in Russia and Kazakhstan.

2019 ◽  
Vol 1 (2) ◽  
Author(s):  
Wai Kit Wong ◽  
Thu Soe Min ◽  
Shi Enn Chong

This paper proposed a fingerprint based school debit transaction system using minutiae matching biometric technology. This biometric cashless transaction system intensely shortens the luncheon line traffic and labour force compared to conventional cash payment system. Furthermore, contrast with card cashless transaction system, fingerprint cashless transaction system with benefit that user need not carry additional identification object and remember lengthy password. The implementation of this cashless transaction system provides a more organize, reliable and efficient way to operate the school debit transaction system. 


Author(s):  
Dwiyana Dwiyana ◽  
Muqorobin Muqorobin

The writing of the Semester Final Project with the title Analysis of the Parking Payment System for Adi Soemarmo Airport Solo was compiled based on the results of observations at the exit gate of Adi Soemarmo Airport Solo. Transactions on parking payments often cause problems due to several factors, especially the time or process is quite long because sometimes the money given is too large then the cashier takes too long to give change, besides that sometimes passengers do not prepare the money they want to pay in advance and often passengers pay in a situation of insufficient money and this causes queues or jams at the gate exit. The research objective given by the author later is to provide the best solution for airport parking payment systems. In addition to making it easier for passengers, this will greatly facilitate cashiers when carrying out work operations. This payment application system is called u-nik or electronic money. Where u-nik functions to transfer the money balance data contained in u-nik to a computer using a system called AINO. So that payments occur without spending additional cash. With the existence of non-cash payment transactions using the AINO system, it is hoped that it can facilitate and provide speed in making parking payment transactions without the need to carry cash.


2018 ◽  
Vol 1 (1) ◽  
pp. 47
Author(s):  
Nastiti Ninda Lintangsari ◽  
Nisaulfathona Hidayati ◽  
Yeni Purnamasari ◽  
Hilda Carolina ◽  
Wiangga Febranto Ramadhan

The payment system is an important component in the economy especially to ensure the implementation of payment transactions made by the public and the business world. In addition, the payment system also plays an important role in supporting financial system stability and implementation of monetary policy. Along with rapid technological developments, patterns and payment systems in economic transactions are constantly changing. Technological advances in the payment instruments shift the role of cash as a means of payment in the form of more efficient and economical non-cash payments. Non-cash payment instruments used in this study are card-based payment instruments (APMK) and electronic money (e-money). The aim of this study is to examine the effect of non-cash payment instruments development on money supply (M1), velocity of money, inflation, interest rate, and financial system stability. A set of secondary data are assessed through official website of Bank Indonesia from year 2009-2017. Multiple regression analysis are employed to elaborate the results. The result showed that e-money and credit card transactions have a significant positive effect on M1, e-money transactions have a significant negative effect on interest rates, and credit card transactions have a significant positive effect on interest rates.


2012 ◽  
Vol 452-453 ◽  
pp. 1179-1183
Author(s):  
Ping Jia

This dissertation introduces the design of an off-line anonymity-controllable universal electronic cash payment system, which can prevent double spending. The system is comprised of user end system, business e-wallet system and bank electronic cash server system.


Author(s):  
A.F. Razin ◽  
R.A. Meshcheryakova ◽  
M.V. Shatilov ◽  
O.A. Razin ◽  
T.N. Surikhina ◽  
...  

Целями основания Евразийского экономического союза (ЕАЭС) было создание условий для стабильного развития экономик государств членов союза в интересах повышения жизненного уровня их населения, стремление к формированию единого рынка товаров, услуг, капитала и трудовых ресурсов, всесторонняя модернизация, кооперация и повышение конкурентоспособности национальных экономик государств членов союза в условиях глобальной экономики. Цель исследования проанализировать состояние овощеводства и обеспеченность овощами населения стран членов Евразийского экономического союза в составе Республик Армения, Беларусь, Казахстан, Кыргызской Республики и Российской Федерации. По итогам проведенного анализа установлено, что в период 20132017 годов посевные площади овощных культур в ЕАЭС выросли на 7,7 и превысили 1 млн га. В 2018 году валовой сбор овощей увеличился на 13 до 24,1 млн т. При этом более 62 овощей производится в хозяйствах населения и 22 в КФХ, что говорит о мелкотоварном характере производства и низкой товарности продукции в ЕАЭС. Лидер по производству овощей на душу населения Армения (324 кг/чел.), наименьшее значение в России 111 кг/чел., среднее по ЕАЭС 131 кг/чел. Урожай овощных культур увеличился во всех государствах членах союза, за исключением Армении, где этот показатель максимальный в рамках союза 286 кг/га. Объем импорта свежих овощей из третьих стран в период 20142017 годах снизился на 16,8 в натуральном выражении и на 33,4 до 1,8 млрд в денежном исчислении, что обусловлено введением продуктового эмбарго и снижением объема импорта в Россию практически в два раза. Взаимная торговля (по экспорту) свежими овощами увеличилась на 36,4 до 241 млн . Около 77 объема взаимной торговли приходится на поставки из Беларуси, при этом более 90 объема взаимной торговли овощами направлены на рынок России. Одной из мер по поддержке и развитию отрасли овощеводства могут стать: снижение доли посредников в потребительской цене на овощи, строительство тепличных комплексов для производства отечественных овощей в несезонный период и овощехранилищ и др.The objectives of founding the Eurasian economic Union (EAEU) was the creation of conditions for stable development of the economies of the member States of the Union to improve the living standards of their populations, the desire to create a common market of goods, services, capital and labor resources, comprehensive modernization, cooperation and competitiveness of national economies of member States of the Union in the global economy. The purpose of the study is to analyze the state of vegetable production and the availability of vegetables for the population of the member States of the Eurasian economic Union in the Republics of Armenia, Belarus, Kazakhstan, the Kyrgyz Republic and the Russian Federation. According to the results of the analysis, it was found that in the period 20132017, the acreage of vegetable crops in the EAEU increased by 7.7 and exceeded 1 million hectares. In 2018, the gross harvest of vegetables increased by 13 to 24.1 million tons. at the same time, more than 62 of vegetables are produced in households and 22 in farms, which indicates the small-scale nature of production and low marketability of products in the EAEU. The leader in the production of vegetables per capita is Armenia (324 kg/person), the lowest value in Russia is 111 kg/person, the average for the EEU is 131 kg/person. The yield of vegetable crops increased in all member States of the Union, with the exception of Armenia, where this figure is the maximum within the Union 286 kg/ha. The volume of imports of fresh vegetables from third countries in the period 20142017 decreased by 16.8 in physical terms and by 33.4 to 1.8 billion in monetary terms, due to the introduction of the food embargo and a decrease in the volume of imports to Russia almost twice. Mutual trade (by export) in fresh vegetables increased by 36.4 to 241 million. About 77 of the volume of mutual trade comes from Belarus, while more than 90 of the volume of mutual trade in vegetables is directed to the Russian market. One of the measures to support and develop the vegetable industry can be: reducing the share of intermediaries in the consumer price of vegetables, construction of greenhouse complexes for the production of domestic vegetables in the off-season period and vegetable stores, etc.


Author(s):  
I. V. Lagkueva

The article discusses changes in the national legislation of the states of the Eurasian Economic Union (EAEU): the Republic of Armenia, the Republic of Belarus, the Republic of Kazakhstan, the Kyrgyz Republic and the Russian Federation. The nature and conditions of the harmonization process are analyzed taking into account legislative changes. The most important indirect taxes (value added tax, excise taxes) in the EAEU member countries are compared.In addition, the state of their tax systems is compared, features, their further unification and restructuring are determined, and their ratio is compared with the provisions of the EAEU Treaty. Despite many years of efforts to harmonize taxes, issues remain that need an interstate settlement. Currently, taxation approaches in the EAEU countries are significantly different, which complicates the integration processes within the framework of the association. Speaking of tax harmonization in the EAEU, it is worth noting significant progress in the harmonization of approaches to indirect taxation. The competitiveness of the participating countries in the world market and the growth of the welfare of the population depend on this. When selling goods between the member states of the Eurasian Economic Union, there is no customs control, customs duties and fees are not levied. The procedure for levying indirect taxes (VAT and excise taxes) for the supply of goods (performing work, rendering services) between the EAEU member states is governed by the provisions of the Treaty on the Eurasian Economic Union, signed in Astana on May 29, 2014 and the provisions of the Protocol on the procedure for levying indirect taxes and the mechanism of control over their payment when exporting and importing goods, performing work, and rendering services, which is Appendix No. 18 to the EAEU Agreement.


2019 ◽  
Vol 3 (1) ◽  
pp. 13-27
Author(s):  
Muhammmad Noor Sayuti ◽  
Wijaya Wijaya

The increasing popularity of technology-based pasyment system substanstially changes conventional payment system design from cash payment system to non-cash payment system. Gradually, the expansion is impressive enough to change paradigm of economist in micro-transaction settlement, as well as becoming the root of Less Cash Society spirit creation.One of the instruments of non-cash payment which has been a trend today is E-money.It is an electronic-based non-cash payment. Some studies showed that there was a positif impact to monetery policy earned from this trend, its influence in the level of velocity of money and the effort to reduce the use of cash payment as an effort to hold inflation flow. The purpose of this study is to find out maqāṣid al-syarī’ah dimension, which is a philosophical study about the real purpose of Syariat Islam. In this study, the data was analyzied by Qualitative-normative approach using inductive-analysis method. Maqāṣid al-syarī’ah dimension was observed using the theory of maṣlahah principle as a tool of analysis. It aimed to find out the advantage of e-money either in conventional eco­no­mic concept or Islam concept, which is the aspect of utility and maṣlahah. Maṣlahah has become part of integration in studying Maqāṣid al-syarī’ah. It's due to the real meaning ofmaṣlahah is implement the purpose of syara’ as an effort in developing human life ge­ne­rally for now and hereafter. By observing maṣlahah principle toward e-money pro­ducts in­clu­ding its derivative products which have become a trend these days, so it shows that the products of e-money only benefits the secular dimension. Precision in considering maṣ­lahah is indeed essential as extracting the ukhrawi dimension which has the same purpose with syariah principles, considering it e-money has the potential to completeness choice of product for sharia financial institution.


2021 ◽  
Vol 9 (1) ◽  
pp. 09-14
Author(s):  
Salma Akter

Maternity leave means the period of paid absence from work. This type of leave is allowed to a mother before and after the birth of a child. Naturally, the term maternity benefit is applied in case of working women. Mostly, it is related to readymade garment (RDM). It indicates the payment made to a woman for giving birth of a child. The duration of maternity leave for female worker in RMG sector of Bangladesh is 4 months (16 weeks) according to Labor Act 2006. The purpose of this study is to show the application of RMG sector’s maternity leave and to assess the level of cash benefit payment for maternity leave. The main purpose of this study is to show the discrimination between two kinds of factories (foreign owned and local owned) about the proper application of rules and Act. The information collected from those who are experienced to take maternity leave and recently take the leave and also who are preparing for the leave. Frequency distribution has been used on the data extracted from female worker who have experience maternity leave and cash benefit payment. The result of this study is that there are two kinds of RMG sectors situations: one is called foreigner owned factory and another one is Bangali factory (local owner).Evidently, 60% get the cash payment with two terms before & after child born and 100% get the maternity leave. So, this paper will discuss about the differences of facilities, job security, cash payment, others opportunities for female in RMG sector.


2021 ◽  
Vol 13 (2) ◽  
pp. 39-49
Author(s):  
Arif Wahyudi

This research was conducted to analyze the work contract payment system in the manufacture of concrete panel fences at PG Kebon Agung Malang so that it can provide information in the form of relevant data, have timeliness, are accurate and useful for the wearer. The qualitative approach used in this research is based on primary data by obtaining data directly from resource persons and using secondary data whose data sources are documents, notes, and other supporting data. The results of this study explain the accounting information system in the form of a system flow chart that explains how the flow of the work contract payment system in making concrete panel fences at Kebon Agung PG starts from CV offering a tender, after being determined the tender winner, the user gives a tender winner letter so that the CV is the winner of the tender. can start his work. After the work is 92.5% completed, CV makes a report of completion of work as evidence that CV has completed part of its project and submits payment by including invoices, receipts, tax invoices, minutes, and SPK to the user to get a blank cash payment request for the first term . Payment of terms for bothparties CV makes a retention report (retention) as the completion of the 7.5% work submitted to the user along with a work agreement letter and a letter of completion of SP work. 


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