| Poletaeva Vladislava Markovna, Matsneva Ekaterina Aleksandrovna
Development of non-cash transfers mechanisms in Russia
ID number: J201935
Abstract: The article presents a comparative analysis of the existing mechanisms of non-cash transfers and the Fast Payment System, created on the initiative of the Central Bank of Russia. As a result of the analysis, it was revealed that in the conditions of digitalization of the economy, the existing mechanisms for making cashless payments and transfers do not fully meet the requirements of consumers, while the Fast Payment System is a new stage in the development of financial instruments.
Key-words: payment system, Fast Payment System, innovation, financial instrument
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