THE ROLE OF INSTANT PAYMENT SYSTEMS IN THE POLISH ECONOMY
Instant payments are one of the most important current trends in modern banking. Solutions of this type have been implemented form large-value to retail banking. The purpose of this article is to introduce broad spectrum of application of instant payment systems and to attempt to answer the question...
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| Format: | Article |
| Language: | English |
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Nicolaus Copernicus University in Toruń
2017-12-01
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| Series: | Copernican Journal of Finance & Accounting |
| Subjects: | |
| Online Access: | https://apcz.umk.pl/CJFA/article/view/15279 |
| _version_ | 1797726239616663552 |
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| author | Dominik Sadłakowski |
| author_facet | Dominik Sadłakowski |
| author_sort | Dominik Sadłakowski |
| collection | DOAJ |
| description | Instant payments are one of the most important current trends in modern banking. Solutions of this type have been implemented form large-value to retail banking. The purpose of this article is to introduce broad spectrum of application of instant payment systems and to attempt to answer the question of whether the creation and further development of instant retail payment systems is important for the efficient functioning of the Polish payment system. In the process of preparing this analysis, the following methods have been used: literature analysis, secondary data analysis and case study. The security of the payment system depends largely on providing a high efficiency of its individual components. In case of polish instant payment systems there is a high level of diversification as a result of the operation of three independent instant payment systems which ensures there high performance. |
| first_indexed | 2024-03-12T10:42:54Z |
| format | Article |
| id | doaj.art-a60afd70fa6544f9b30fbaf8a78fe1a5 |
| institution | Directory Open Access Journal |
| issn | 2300-1240 2300-3065 |
| language | English |
| last_indexed | 2024-03-12T10:42:54Z |
| publishDate | 2017-12-01 |
| publisher | Nicolaus Copernicus University in Toruń |
| record_format | Article |
| series | Copernican Journal of Finance & Accounting |
| spelling | doaj.art-a60afd70fa6544f9b30fbaf8a78fe1a52023-09-02T07:56:46ZengNicolaus Copernicus University in ToruńCopernican Journal of Finance & Accounting2300-12402300-30652017-12-0162THE ROLE OF INSTANT PAYMENT SYSTEMS IN THE POLISH ECONOMYDominik Sadłakowski0Nicolaus Copernicus University in TorunInstant payments are one of the most important current trends in modern banking. Solutions of this type have been implemented form large-value to retail banking. The purpose of this article is to introduce broad spectrum of application of instant payment systems and to attempt to answer the question of whether the creation and further development of instant retail payment systems is important for the efficient functioning of the Polish payment system. In the process of preparing this analysis, the following methods have been used: literature analysis, secondary data analysis and case study. The security of the payment system depends largely on providing a high efficiency of its individual components. In case of polish instant payment systems there is a high level of diversification as a result of the operation of three independent instant payment systems which ensures there high performance.https://apcz.umk.pl/CJFA/article/view/15279payment systeminstant paymentsinstant payment systemsreal-time gross settlement |
| spellingShingle | Dominik Sadłakowski THE ROLE OF INSTANT PAYMENT SYSTEMS IN THE POLISH ECONOMY Copernican Journal of Finance & Accounting payment system instant payments instant payment systems real-time gross settlement |
| title | THE ROLE OF INSTANT PAYMENT SYSTEMS IN THE POLISH ECONOMY |
| title_full | THE ROLE OF INSTANT PAYMENT SYSTEMS IN THE POLISH ECONOMY |
| title_fullStr | THE ROLE OF INSTANT PAYMENT SYSTEMS IN THE POLISH ECONOMY |
| title_full_unstemmed | THE ROLE OF INSTANT PAYMENT SYSTEMS IN THE POLISH ECONOMY |
| title_short | THE ROLE OF INSTANT PAYMENT SYSTEMS IN THE POLISH ECONOMY |
| title_sort | role of instant payment systems in the polish economy |
| topic | payment system instant payments instant payment systems real-time gross settlement |
| url | https://apcz.umk.pl/CJFA/article/view/15279 |
| work_keys_str_mv | AT dominiksadłakowski theroleofinstantpaymentsystemsinthepolisheconomy AT dominiksadłakowski roleofinstantpaymentsystemsinthepolisheconomy |