Preview

Digital Transformation

Advanced search

The Impact of Digital Technologies on the Development of Payment Services

https://doi.org/10.38086/2522-9613-2020-3-51-57

Abstract

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.

About the Author

A. Y. Chentsov
Research Economic Institute of the Ministry of Economy of the Republic of Belarus
Belarus

Postgraduate Student of the BSU, Faculty of Economics, Junior Research Fellow of the Research Economic Institute of the Ministry of Economy of the Republic of Belarus

Skavinskogo Str. 1/1, 220086 Minsk



References

1. Aleksanov A. K., Demchev I. A., Doronin A.M. Security of card business: business encyclopedia / A. K. Aleksanov, I. A. Demchev, A.M. Doronin [Electronic resource]. – Maxima Library. – Access mode: http://maxima-library.org/mob/b/13504?format=read. – Date of access: 06.04.2020.

2. Zyryanov M. BYOD will turn everything around / M. Zyryanov. // Director of the information service. -2014. №7. P.30.

3. Korobeynikova O. M. Payment systems in the digital economy / O. M. Korobeynikova // Scientific Bulletin: Finance, banks, investments – 2018 – №1. P. 133-134.

4. Pimushkin D. A., Gordon E. E. Modern payment technology / D. A. Pimushkin, E. E. Gordon // Scientific community of students of the XXI century. Economic science: collection of articles on the mat. / LXIV international. stud. scientific and practical conference № 4 (64). [Electronic resource]. – Sibak, 2018. – Access Mode: https://sibac.info/archive/economy/4(64).pdf. – Date of access: 06.04.2020.

5. Poghosyan, A. M., The innovative payment service: concept and components. / A. M. Pogosyan // Management of economic systems: electronic scientific journal – 2016. –№ 12(94). – P. 65-66.

6. Sachykhin, R. A. Electronic money and digital rights. Another path into the unknown? / R. A. Sachykhin. // Young scientist. – 2019. – № 14 (252). – Pp. 193-197. [Electronic resource]. – Access mode: – https://moluch.ru/archive/252/57833/. – Date of access: 06.04.2020.

7. Yakimova E. M., Narutto S. V. International cooperation in the fight against cybercrime / E. M. Yakimova, S. V. Narutto // Criminological journal of the Baikal state university of economics and law. – 2016. – Vol. 10. – №. 2. P. 369-378.

8. Which p2p transfer services are better to use? [Electronic resource] / Information and analytical portal infobank. by. – Access mode: https://infobank.by/infolinebigview/11-servisov-p2p-perevodov-ot-bankov-smotrite-kakie-luchsheispoljzovatj/. – Date of access: 06.04.2020.

9. Innovative payment system ideas that will change the future of e-Commerce. [Electronic resource] / Regularpay. Access mode: https://regularpay.com/ru/blog/innovations-in-cards/. – Date of access: 06.04.2020.

10. Most popular payment methods of online shoppers in selected regions as January 2019 [Electronic resource] / Statista. – Access mode: https://www.statista.com/statistics/676385/preferred-payment-methods-of-online-shoppersworldwide-by-region/. – Date of access: 06.04.2020.

11. PayPal: advantages and disadvantages of the payment service. [Electronic resource] / Rambler Group. – Access mode: https://finance.rambler.ru/money/39586964-paypal-preimuschestva-i-nedostatki-platezhnogo-servisa/. – Date of access: 06.04.2020.

12. Retail Banking Client Data Privacy [Electronic resource]./Clearswift. – Access mode: https://www.clearswift.com/sites/default/files/documents/resources/vertical/Best_Practice_Guidance_Critical_Information_Protection_RetailBanking.pdf/. – Date of access: 06.04.2020.


Review

For citations:


Chentsov A.Y. The Impact of Digital Technologies on the Development of Payment Services. Digital Transformation. 2020;(3):51-57. (In Russ.) https://doi.org/10.38086/2522-9613-2020-3-51-57

Views: 18054


Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.


ISSN 2522-9613 (Print)
ISSN 2524-2822 (Online)