The Electronic Payment System as an e-commerce enabler: The Macedonian perspective

Besim Verdi Abdullai ()

MPRA Paper from University Library of Munich, Germany

Abstract: The payment system represents a sum of instruments, procedures and infrastructure for money transfer. It is of great importance for all economic agents since it enables fast and efficient payments in the national economy as well as internationally. Electronic payment system functionality is measured through analysis of the transactions committed, structure of the electronic instruments available within a country, and payment instruments used during payment of purchased or ordered products or services. The use of Electronic Payment Instruments in Macedonia is growing steadily, which shows that the EPS system in this country is continually growing and is in some extend well organized, people are friendly to ICT and conduct electronic transactions easily. E-banking activities in Macedonia started, but remain in low levels; which is a fact for e-commerce activities in general.

Keywords: e-commerce; Electronic Payment Systems; Electronic Payment Instruments (search for similar items in EconPapers)
JEL-codes: M1 C22 G21 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ict
Date: 2009-01, Revised 2009-03
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Published in Proceedings of the International Conference: Economic & Social Challenges and Problems, Faculty of Economics, University of Tirana, Albania December, 2008.IV(2008): pp. 33-73

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Persistent link: http://EconPapers.repec.org/RePEc:pra:mprapa:13994

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