INTERNATIONAL PAYMENT SYSTEMS.
Completed by 2nd year students
Kryuchkova, Krapivnitskaya and
Zaitseva
International payment systems are a software complex that serves the processing, control and storage of information on the conduct of banking transactions of correspondents registered in the system.
A system becomes international if it allows financial transactions around the world.
International payment systems allow you to carry out financial transactions around the world, which speeds up the processes of conducting international
trade and allows you to quickly carry out mutual settlements.
The rapid development of e-commerce, a large number of online stores and the ability to pay for goods and services without leaving home is forcing an increasing number of people to use the services of various payment systems. It is very convenient and safe, which is why it is becoming increasingly popular. The most well- known international systems today are Visa and MasterCard.
CLASSIFICATION OF PAYMENT SYSTEMS
The rules of the payment system are established
Organizational structure of the PS
Membership
Terms
Settlement of
disputes
Risk management in the system
Procedure for entering and exiting the system
Information security system
THE MAIN TASKS OF THE PAYMENT SYSTEM:
Continuity, safety and operational efficiency
Reliability and durability, guaranteeing no failure of the payment system
Efficiency that delivers fast, cost-effective and accurate workflow output
Fair Approach
ELEMENTS OF THE PAYMENT SYSTEM:
institutions providing services for money transfers and debt repayment
contractual agreements governing non-cash payments
financial instruments and communication systems that ensure the transfer of funds between economic
agents
Visa is the largest, it includes more than 20,000 financial organizations of Russian and foreign origin. Plastic cards of this system can be used in 170 countries around the world; in Russia, the overwhelming number of ATMs are designed to work with such cards.
Visa Inc. Headquarters is located in San Francisco (California, USA). The company operates in five regions of the world: Asia-Pacific; Canada; Central and Eastern Europe, Middle East and Africa (CEMEA); Latin America and the Caribbean; and the USA. Visa Europe is a separate licensee of the Visa Inc. trademark and technology. in Europe.
Debit cards (Money is |
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Credit cards (The client |
deposited into a |
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makes a monthly |
savings account and |
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payment to pay off the |
then debited when |
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debt, and also pays off |
used) |
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accruing interest) |
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Prepaid cards (Payment |
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using a checking |
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account that cannot be |
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used to write checks) |
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