Trends in the Market of Payment Instruments in Poland on the Background of Other European Union Countries in the Years 2005–2015

The virtualization of money triggered by the unprecedented progress in the field of electronic collection, processing and transmission of information has resulted in significant changes in systems of payment through banks and other financial institutions. The paper-based payment system, based on the...

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Main Author: dr Ewa Niedźwiedzka
Format: Article
Language:English
Published: Wydawnictwo Naukowe Wydziału Zarządzania Uniwersytetu Warszawskiego 2018-02-01
Series:Problemy Zarządzania
Subjects:
Online Access:http://pz.wz.uw.edu.pl/gicid/01.3001.0011.8280
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author dr Ewa Niedźwiedzka
author_facet dr Ewa Niedźwiedzka
author_sort dr Ewa Niedźwiedzka
collection DOAJ
description The virtualization of money triggered by the unprecedented progress in the field of electronic collection, processing and transmission of information has resulted in significant changes in systems of payment through banks and other financial institutions. The paper-based payment system, based on the exchange of paper documents, turns out to be inadequate to the increasingly dominant electronic (virtual) money economy. Hence, in recent years it has been of utmost importance to provide the public with access to modern payment instruments and to take into account the need to adapt the Polish payment infrastructure to the requirements of the modern consumer. The most efficient type of settlement are non-cash bank electronic settlements. The aim of the paper is to analyze the trend of the non-cash trade in Poland and to evaluate trends in the payment instruments market in Poland against the rest of the EU. JEL: G150
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spelling doaj.art-a2e90c888dbc431d82e3372166730cbf2022-12-22T04:17:42ZengWydawnictwo Naukowe Wydziału Zarządzania Uniwersytetu WarszawskiegoProblemy Zarządzania1644-95842018-02-01161(72) Finanse i rachunkowość ...10311510.7172/1644-9584.72.601.3001.0011.8280Trends in the Market of Payment Instruments in Poland on the Background of Other European Union Countries in the Years 2005–2015dr Ewa Niedźwiedzka0Wyższa Szkoła Finansów i Zarządzania w BiałymstokuThe virtualization of money triggered by the unprecedented progress in the field of electronic collection, processing and transmission of information has resulted in significant changes in systems of payment through banks and other financial institutions. The paper-based payment system, based on the exchange of paper documents, turns out to be inadequate to the increasingly dominant electronic (virtual) money economy. Hence, in recent years it has been of utmost importance to provide the public with access to modern payment instruments and to take into account the need to adapt the Polish payment infrastructure to the requirements of the modern consumer. The most efficient type of settlement are non-cash bank electronic settlements. The aim of the paper is to analyze the trend of the non-cash trade in Poland and to evaluate trends in the payment instruments market in Poland against the rest of the EU. JEL: G150http://pz.wz.uw.edu.pl/gicid/01.3001.0011.8280payment instrumentsnon-cash settlementscredit cardstransfer orderdirect debit
spellingShingle dr Ewa Niedźwiedzka
Trends in the Market of Payment Instruments in Poland on the Background of Other European Union Countries in the Years 2005–2015
Problemy Zarządzania
payment instruments
non-cash settlements
credit cards
transfer order
direct debit
title Trends in the Market of Payment Instruments in Poland on the Background of Other European Union Countries in the Years 2005–2015
title_full Trends in the Market of Payment Instruments in Poland on the Background of Other European Union Countries in the Years 2005–2015
title_fullStr Trends in the Market of Payment Instruments in Poland on the Background of Other European Union Countries in the Years 2005–2015
title_full_unstemmed Trends in the Market of Payment Instruments in Poland on the Background of Other European Union Countries in the Years 2005–2015
title_short Trends in the Market of Payment Instruments in Poland on the Background of Other European Union Countries in the Years 2005–2015
title_sort trends in the market of payment instruments in poland on the background of other european union countries in the years 2005 2015
topic payment instruments
non-cash settlements
credit cards
transfer order
direct debit
url http://pz.wz.uw.edu.pl/gicid/01.3001.0011.8280
work_keys_str_mv AT drewaniedzwiedzka trendsinthemarketofpaymentinstrumentsinpolandonthebackgroundofothereuropeanunioncountriesintheyears20052015