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MANAGEMENT AND REGULATION OF ELECTRONIC MONEY CIRCULATION: INFORMATION AND JURIDICAL ASPECTS

Journal: International Journal of Management (IJM) (Vol.11, No. 4)

Publication Date:

Authors : ; ;

Page : 634-644

Keywords : Card-Based; Circulation; E-money; Electronic Money; Information Aspects; Juridical Aspects; MasterCard; Monetary Sphere; Regulation; Visa;

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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.

Last modified: 2020-05-19 22:50:47