TY - GEN

T1 - Evolution of the national payment card system in Russia: stages of formation and prospects of development

AU - Kochergin , Dmitry

AU - Dostov , Victor

AU - Yangirova , Alsu

N1 - Conference code: 34th

PY - 2020/10

Y1 - 2020/10

N2 - Creating of a national payment card system (NSPK) in Russia is an important step towards building asafe and efficient cashless payment system in the country. The development of the Russian NSPK isrelevant in the light of different approaches to the definition of its building-up principles, stages ofdevelopment, and an assessment of its economic efficiency. This article analyzes the stages offormation and indicators of development of the national payment card system in Russia. The authorsused a method of statistical analysis, in the course of which they analyzed the data from statements ofRussian credit institutions, the national system of payment cards, as well as statistical indicators ofthe Bank of Russia. In order to solve the tasks set up in the study, a comparative analysis of the maincharacteristics of the national payment card systems in Russia and China was used. As a result of thestudy, specific features of the development of the Russian national payment card system wereidentified and the main directions for its improvement as one of the most important elements of thenational payment system of Russia were defined.

AB - Creating of a national payment card system (NSPK) in Russia is an important step towards building asafe and efficient cashless payment system in the country. The development of the Russian NSPK isrelevant in the light of different approaches to the definition of its building-up principles, stages ofdevelopment, and an assessment of its economic efficiency. This article analyzes the stages offormation and indicators of development of the national payment card system in Russia. The authorsused a method of statistical analysis, in the course of which they analyzed the data from statements ofRussian credit institutions, the national system of payment cards, as well as statistical indicators ofthe Bank of Russia. In order to solve the tasks set up in the study, a comparative analysis of the maincharacteristics of the national payment card systems in Russia and China was used. As a result of thestudy, specific features of the development of the Russian national payment card system wereidentified and the main directions for its improvement as one of the most important elements of thenational payment system of Russia were defined.

KW - payment system

KW - national payment card system

KW - non-cash payment instruments

KW - Mir payment card

UR - https://ibima.org/accepted-paper/evolution-of-the-national-payment-card-system-in-russia-stages-of-formation-and-prospects-of-development/

M3 - Conference contribution

SN - 978-0-9998551-3-3

BT - 34th International Business Information Management Association Conference (IBIMA)

PB - IBIMA

T2 - The 34th IBIMA Conference

Y2 - 13 November 2019 through 14 November 2019

ER -