Development of national payment systems: problems and prospects

Polishchuk, Nataliia
Golda, Nadiya

Vinnytsia Finance and Economics University 71a, Pirogova str., Vinnytsia, 21037, Ukraine
Ternopil Ivan Pul'uj National Technical University 56 Ruska str., 46001, Ternopil, Ukraine

Polishchuk, N. & Golda, N. (2020) Rozvytok natsionalnykh platizhnykh system: problemy ta perspektyvy. [Development of national payment systems: problems and prospects]. Sotsialnoekonomichni problemy i derzhava [Socio-Economic Problems and the State] (electronic journal), Vol. 23, no. 2, pp. 14-23. Available at: http://sepd.tntu.edu.ua/images/stories/pdf/2020/20pnvptp.pdf

dec-2020

sep-2020

Ternopil Ivan Puluj National Technical University

https://orcid.org/0000-0001-8037-0471
https://orcid.org/0000-0002-1492-6678

https://doi.org/10.33108/sepd2020.02.014

336.74 (477)

G210

development
payment system
banking system,
National Bank of Ukraine
commercial banks
security of payment systems

10

14-23

14

23

The article presents the theoretical aspects of the payment system, clarifies the definition of the national payment system of a complex and interconnected set of payment and technical elements, each of which contributes to the efficient functioning of both the financial sector and the national economy as a whole. The classification features according to which payment systems are classified are generalized and their types are given. The main tasks of payment systems functioning are outlined. The components of the payment system of Ukraine are considered. The modern basic requirements to payment systems are defined. The current payment systems in Ukraine are analyzed, among which: the national electronic payment system (EPS), created by the National Bank of Ukraine, the National Payment System "Ukrainian Payment Space", 10 intrabank payment systems, 2 money transfer systems, 11 money transfer systems, 1 system settlements and 1 card system created by non-banking institutions, as well as 8 money transfer systems and 4 card payment systems created by non-residents, as well as international payment systems, which include 5 money transfer systems created by Ukrainian banks and 4 money transfer systems created by non-banking institutions . The current state of operations of Ukrainian banks with electronic money is studied. The basic requirements for national payment systems are given. Measures to increase the level of security of the national payment system of Ukraine are outlined. Recommendations for the development of the electronic payment system of Ukraine are presented. Special attention needs to be paid to the development of the national payment system of Ukraine, which depends on the effectively implemented innovations, which consist in the application and expansion of non-cash forms of payment and guarantee of the electronic payment system.

http://elartu.tntu.edu.ua/handle/lib/35859

2223-3822

Scientific Journal "Socio-Economic Problems and the State"

http://sepd.tntu.edu.ua/images/stories/pdf/2020/20pnvptp.pdf
http://zakon.rada.gov.ua
http://212.1.86.13/jspui/bitstream/123456789/3224/1/22.pdf
http://www.economy.nayka.com.ua/?op=1&z=1441
https://bank.gov.ua/
http://www.bis.org/publ/cpss43.htm

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Article

Scientific Journal "Socio-Economic Problems and the State", Vol.23, No.2