Prospects of creation of the national card payment system in Russia and experience of Asian countries

I. A. Aidrous () and A. S. Filimonova ()

Entrepreneur’s Guide, issue 24

Abstract: Using the capabilities of payment systems Visa and MasterCard along with the proposed benefits for end-users and the national banking community carries and risks that may lie within the payment system, and can be sanctioned by the political leaders of the neighboring States. The creation ofa national payment system based on Bank cards will be successful businesses for the Russian banking community, if the architecture will allow to resolve the conflict of interests between key players of the market of payment systems.

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