Abstract
In the present article authors analyze theoretical and practical questions of payment cards use in Russian Federation and abroad. Authors discuss hist orical and practical reasons for choosing payment cards as payment method, as well as reasons for dif ferent kinds of cards use. Authors pay discuss questions of payment card use in Russian Federation at the present time and analyze questions of such payment method use after the collapse of the Union of Soviet Socialist Republics (USSR). Author’s discussion is based on the analyses of the current state of the Russian Federation banking system, its development and current state. During discussion au thors use statistical data, including data on the largest banks in Russian Federation at the present time. In conclusion authors present ideas on possib le ways of Russian Federation banking system future de velopment in regard to payment cards (both debit and credit) use as a method of the non-cash payment implementation.
Highlights
In all developed countries of the modern civilized world payment cards have been used for a long time to which became an incentive for the activity of modern pay for goods and services
Interest of the person for payments became popular, but the manufacturing development and services providing is most common in the most countries of North America an effective base for the middle class emergence (Grudtsina and Galushkin, 2013)
Payment cards are issued by banks and other credit institutions
Summary
As a payment method of the present and questions of its development in the future. Emergence of modern civil society is closely connected with the development of private property. In all developed countries of the modern civilized world payment cards have been used for a long time to which became an incentive for the activity of modern pay for goods and services. Interest of the person for payments became popular, but the manufacturing development and services providing is most common in the most countries of North America an effective base for the middle class emergence (Grudtsina and Galushkin, 2013). Galushkin et al / American Journal of Applied Sciences 11 (10): 1757-1760, 2014 terms of customer service, quality of services, increased safety and increased payment culture
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