The Electronic Payment System as an e-commerce enabler: The Macedonian perspective
AbstractThe payment system represents a sum of instruments, procedures and infrastructure for money transfer. It is of great importance for all economic agents since it enables fast and efficient payments in the national economy as well as internationally. Electronic payment system functionality is measured through analysis of the transactions committed, structure of the electronic instruments available within a country, and payment instruments used during payment of purchased or ordered products or services. The use of Electronic Payment Instruments in Macedonia is growing steadily, which shows that the EPS system in this country is continually growing and is in some extend well organized, people are friendly to ICT and conduct electronic transactions easily. E-banking activities in Macedonia started, but remain in low levels; which is a fact for e-commerce activities in general.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 13994.
Date of creation: Jan 2009
Date of revision: Mar 2009
Publication status: Published in Proceedings of the International Conference: Economic & Social Challenges and Problems, Faculty of Economics, University of Tirana, Albania December, 2008.IV(2008): pp. 33-73
e-commerce; Electronic Payment Systems; Electronic Payment Instruments;
Find related papers by JEL classification:
- M1 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration
- C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models &bull Diffusion Processes
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
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