The Influence of the Digitalization of the Banking System on the Transformation of Cash and Money Circulation in the Russian Federation

Yuri N. Bazhenov () and Svetlana T. Rumiantceva ()

Administrative Consulting, 2021, issue 2

Abstract: The purpose: to investigate the impact of digital technologies in the banking sector on the transformation of cash circulation in the Russian Federation.Methods: comparative-statistical, system, expert-analytical.Results: the reasons that determine the possibilities for expanding the use of non-cash payments are noted, the advantages of non-cash payments and QR payments are determined.Conclusions: the author substantiates the development and implementation of the digital economy and its impact on the control of cash flows of all counterparties of the financial system.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:acf:journl:y:2021:id:1507

DOI: 10.22394/10.22394/1726-1139-2021-2-55-68

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