Prospects for the development of electronic payment systems

Journal Title: Modern Innovations, Systems and Technologies - Year 2024, Vol 4, Issue 1

Abstract

This article examines the prospects for the development of electronic payment systems and their impact on modern society. Key aspects such as security, speed of transactions, accessibility and ease of use are analyzed in detail. The main emphasis is placed on electronic payment systems, which allow non-cash payments and transfers using modern information technologies. It is also emphasized that these systems have become an integral part of our daily communication and have made financial transactions more convenient and accessible. An overview of existing payment systems is presented, analyzing their shortcomings and what directions are highlighted for further improvement and innovation. The article describes the main advantages of electronic payment systems, such as convenience of use, reduced time for bank transfers, the ability to make payments anywhere in the world and transparency of transactions. The role of competition and innovation in the development of electronic payment systems is considered, the results and forecasts of their future development. The article is of interest for specialists in finance and information technology, as well as for all those interested in modern trends in the field of electronic payments. It allows to better understand the current state and prospects of development of electronic payment systems and assess their role in modern society.

Authors and Affiliations

А. V. Dolgusheva, S. G. Bednyak

Keywords

Related Articles

Operational principles of GPS receivers and methods for processing acquired data

This study examines the operational principles of GPS receivers and the methodology for analyzing the data they obtain. The paper discusses the rationale for a global positioning system and provides a brief historical ov...

On the ways of forming information structures for modeling objects, environments and processes

The paper discusses the well-known concepts of matter, objects, environments, information and information field in relation to the proposed information representation of the interaction of objects and environments based...

Overview of the V International Scientific Workshop on Modeling, Information Processing and Computing - MIP: Computing-V 2022

The article provides an overview of the main directions of the scientific program of the V International Workshop on Modeling, Information Processing and Computing - MIP: Computing-V 2022, which took place on January 25,...

Optimization of the method for determining the fatty acid composition of dairy products

Chromatographic analysis of fatty acid methyl esters is used to characterize the lipid fraction of food products and is an effective method for detecting adulteration and one of the most important applications in food an...

Control method for an autonomous group of multi-rotor aircraft

The purpose of this article is to improve the efficiency of control and monitoring of an autonomous group of multi-rotor aircraft by developing a hardware and software complex. The research is aimed at creating an intell...

Download PDF file
  • EP ID EP755330
  • DOI 10.47813/2782-2818-2024-4-1-0153-0160
  • Views 5
  • Downloads 0

How To Cite

А. V. Dolgusheva, S. G. Bednyak (2024). Prospects for the development of electronic payment systems. Modern Innovations, Systems and Technologies, 4(1), -. https://europub.co.uk/articles/-A-755330