Evolution of the Electronic Payment Industry: Problems of a Qualitative Transition

Эволюция отрасли электронных платежей: проблемы качественного перехода

Dostov, Viktor (Достов, Виктор) () and Shoust, Paul (Шуст, Пауль) ()
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Dostov, Viktor (Достов, Виктор): Russian Presidential Academy of National Economy and Public Administration (RANEPA)
Shoust, Paul (Шуст, Пауль): Russian Presidential Academy of National Economy and Public Administration (RANEPA)

Working Papers from Russian Presidential Academy of National Economy and Public Administration

Abstract: The purpose of this work was to conduct a preliminary analysis of the payment services market in the form in which it exists now. To achieve this goal, two groups of tasks were put in effect. First, the regulation of "traditional" business models is considered: their essence and regulation in Russia. Also the authors analyzed the reasons that led to the configuration of the market that developed in Russia by the middle of the 2010s. Secondly, attention was paid to some new technologies and business models, which now, to some extent, go beyond the regulatory perimeter: the services of information intermediation, crowdfunding, P2P lending.

Pages: 104 pages
Date: 2017-05
New Economics Papers: this item is included in nep-ban, nep-cis, nep-pay and nep-tra
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