The evolution trends of the payment system in the Republic of Moldova

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2024-10-24

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CEP USM

Abstract

The payment system is a complex of mechanisms designed to carry out the clearing and settlement of monetary transactions and other financial transactions. It contains a set of arrangements regarding the satisfaction of obligations assumed by payers and provides for the use of payment instruments. The article aims to analyze the payment systems and it’s evolution trends in the fast changing digitization era.

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Keywords

payment system, bank, payment instrument, digitization

Citation

LUCHIAN, Ivan and Angela FILIP. The evolution trends of the payment system in the Republic of Moldova. In: Modern Paradigms in the Development of the National and World Economy: international scientific conference. Chisinau, 17th Edition, October 24-29, 2024. Chișinău: CEP USM, 2024, pp. 265– 272. ISBN 978-9975-62-826-6 (PDF). Disponibil: https://doi.org/10.59295/mpdnwe2024.34

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