National Payment Systems Development in Balkan Countries

Boskov, Tatjana and Radjenovic, Zarko and Davcev, Ljupco (2018) National Payment Systems Development in Balkan Countries. SocioBrains, International scientific refereed online journal with impact factor, 5 (52). pp. 237-241. ISSN 2367-5721


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Foreign trade and the international economic relations of the countries are very important because they are based on the economic interest of the countries and their economy. Every national economy in the process of co-operation with the world finds its interest, measures its position and cures larger or smaller uses of foreign trade, depending on the degree of openness of the economy towards the world and other factors affecting foreign trade. This is closely related to the payment operations. Payment operations represent all payments made in cash between domestic (legal entities and natural persons), as well as between domestic and foreign entities. Payments between them are performed for goods and services and for the payment of financial transactions. These works are carried out through the commercial banks and the bank acts as an intermediary in its own name, and performs them on behalf of the client. In this paper we argue about the characteristics of the payment systems and opportunities in the Balkan region

Item Type: Article
Subjects: Social Sciences > Economics and business
Divisions: Faculty of Tourism and Business Logistics
Depositing User: Tatjana Boskov
Date Deposited: 18 Dec 2018 11:03
Last Modified: 18 Dec 2018 11:03

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