MANAGEMENT AND REGULATION OF ELECTRONIC MONEY CIRCULATION: INFORMATION AND JURIDICAL ASPECTS
Journal: International Journal of Management (IJM) (Vol.11, No. 4)Publication Date: 2020-04-30
Authors : OLEH OMELCHUK NATALIIA BORSUK IGOR SAMSIN MYROSLAV LUTSKYI YULIIA TRUFANOVA; ANATOLIY KOVALENKO;
Page : 634-644
Keywords : Card-Based; Circulation; E-money; Electronic Money; Information Aspects; Juridical Aspects; MasterCard; Monetary Sphere; Regulation; Visa;
Abstract
The article considers the information and legal basis for regulating the circulation of electronic money. The stages of the electronization of the monetary sphere are presented, the definition of electronic money is given; their advantages and disadvantages are given. The principle of electronic money is presented. The analysis of what electronic money and what purses are allowed in Ukraine, as well as the role and functions of the bank in issuing electronic money is given. The comparative characteristic of modern forms of money is presented. Prospects of development of electronic money in Ukraine are analyzed.
Other Latest Articles
- MODELLING OF LAND RELATIONS IN UKRAINE IN THE PERIOD OF INSTITUTIONAL TRANSFORMATIONS
- SOCIO-ECONOMIC IMPACT OF SUPERVISED EXERCISE IN ACL REHABILITATION
- RURAL DEVELOPMENT BY STIMULATING AGRO-TOURISM ACTIVITIES
- THE IMPACT OF GLOBALIZATION ON THE FINANCIAL SUSTAINABILITY AND LOGISTICS INFRASTRUCTURE OF TRANSITION ECONOMIES
Last modified: 2020-05-19 22:50:47