Technological Innovations of Electronic Payment Systems

Mirkomil Boboyorov Murodullaevich

GREEN ECONOMY AND DEVELOPMENT, 2024, vol. 2, issue 9

Abstract: This article examines the technological innovations in electronic payment systems and their impact on the financialsector. It explores how electronic payment systems, including online banking, mobile payments, and cryptocurrencies,have revolutionized financial transactions. The discussion includes the benefits and challenges associated with thesesystems, their role in promoting economic development and financial inclusion, and the emerging trends in this field. Thearticle also highlights the theoretical frameworks that explain the diffusion and adoption of these innovations.

Keywords: electronic payment systems; fintech; financial inclusion; cryptocurrencies; cybersecurity; digital banking; economic development. (search for similar items in EconPapers)
Date: 2024
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