Keyword: «credit cards»

Electronic technologies serve the development of economy and improvement of its elements. This is the basis for the emergence of new form of money and as a result payment systems of credit institutions, their means of information and computer technologies improve. Modern payment arrangements are distinguished by their convenience, high reliability, comfort and speed of obtaining finance, enabling them to enter our daily lives. In this situation, the economy of a state is impossible without high-monetary system, which would not use modern payment system. The current payment system in the country largely influences on efficiency of financial markets and banking sector.

Banks form an important part of the money turnover. Active operations bring profit to banks and maintain their liquidity. Banks have significant influence and have huge monetary capital, which comes to them from the state, firms, companies and individuals. The attracted funds become the basis for conducting active operations.