The Impact of Digital Technologies on the Development of Payment Services
The article reveals the system of functioning of payment services as a financial institution, the emergence and development of which is due to scientific and technical progress at the present stage of development and considering the impact of globalization. This tool occupies an increasingly high sh...
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Format: | Article |
Language: | Russian |
Published: |
Ministry of Education of the Republic of Belarus, Establishment The Main Information and Analytical Center
2020-10-01
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Series: | Цифровая трансформация |
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Online Access: | https://dt.bsuir.by/jour/article/view/546 |
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author | A. Y. Chentsov |
author_facet | A. Y. Chentsov |
author_sort | A. Y. Chentsov |
collection | DOAJ |
description | The article reveals the system of functioning of payment services as a financial institution, the emergence and development of which is due to scientific and technical progress at the present stage of development and considering the impact of globalization. This tool occupies an increasingly high share of the financial sphere, but due to the novelty of electronic systems, this topic is currently little studied. The article considers the latest developments that allow you to make instant payments conveniently and safely. The problems and ways of protecting user identification, data privacy and money safety when using electronic payment services are investigated. The study revealed that, along with innovative global developments, to strengthen the electronic payment system, it is necessary to implement common international standards for combating cybercrime. |
format | Article |
id | doaj-art-163b1086354349b387cb9a185ba1ff62 |
institution | Kabale University |
issn | 2522-9613 2524-2822 |
language | Russian |
publishDate | 2020-10-01 |
publisher | Ministry of Education of the Republic of Belarus, Establishment The Main Information and Analytical Center |
record_format | Article |
series | Цифровая трансформация |
spelling | doaj-art-163b1086354349b387cb9a185ba1ff622025-02-03T11:26:34ZrusMinistry of Education of the Republic of Belarus, Establishment The Main Information and Analytical CenterЦифровая трансформация2522-96132524-28222020-10-0103515710.38086/2522-9613-2020-3-51-57189The Impact of Digital Technologies on the Development of Payment ServicesA. Y. Chentsov0Research Economic Institute of the Ministry of Economy of the Republic of BelarusThe article reveals the system of functioning of payment services as a financial institution, the emergence and development of which is due to scientific and technical progress at the present stage of development and considering the impact of globalization. This tool occupies an increasingly high share of the financial sphere, but due to the novelty of electronic systems, this topic is currently little studied. The article considers the latest developments that allow you to make instant payments conveniently and safely. The problems and ways of protecting user identification, data privacy and money safety when using electronic payment services are investigated. The study revealed that, along with innovative global developments, to strengthen the electronic payment system, it is necessary to implement common international standards for combating cybercrime.https://dt.bsuir.by/jour/article/view/546electronic moneypayment systemsmoney transactionsadvanced technologiessecurity |
spellingShingle | A. Y. Chentsov The Impact of Digital Technologies on the Development of Payment Services Цифровая трансформация electronic money payment systems money transactions advanced technologies security |
title | The Impact of Digital Technologies on the Development of Payment Services |
title_full | The Impact of Digital Technologies on the Development of Payment Services |
title_fullStr | The Impact of Digital Technologies on the Development of Payment Services |
title_full_unstemmed | The Impact of Digital Technologies on the Development of Payment Services |
title_short | The Impact of Digital Technologies on the Development of Payment Services |
title_sort | impact of digital technologies on the development of payment services |
topic | electronic money payment systems money transactions advanced technologies security |
url | https://dt.bsuir.by/jour/article/view/546 |
work_keys_str_mv | AT aychentsov theimpactofdigitaltechnologiesonthedevelopmentofpaymentservices AT aychentsov impactofdigitaltechnologiesonthedevelopmentofpaymentservices |