The use of electronic payment systems allows financial transactions between businesses, business organizations, Internet users. In this case, all the necessary transactions are carried out in the virtual space. EPS is an ideal tool for payment of utilities, Bank loans, bills, purchases made in virtual trading establishments, mobile communication services. There are international payment systems that allow financial transactions with counterparties located in different countries of the world.
The main tasks of international payment systems
Active IPS allow to control the state of the credit and financial sector. The elements of the systems are entities that perform money transfers, communication equipment, contractual relations that regulate the methods of non-cash payments. International systems are able to solve various problems, for example, to develop rules and regulations for financial transactions, to develop marketing, to promote products. Continue reading