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Statistical evaluation of payment system development in Poland

Author

Listed:
  • Anna Czarnecka (Kiłyk)
  • Paulina Magierska
  • Agnieszka Parkitna

Abstract

Polish banks account for payment orders related to high quota payments by the Polish National Bank (NBP), and the payment orders related to retail payments by the National Clearing House (KIR). Each country has its own laws, which regulate operation of the financial institutions and usage of the payment instruments. This system is called the national payment systems and it covers all payments made in this country. The NBP ensures the proper operation of the payment system, which allows quick and secure money flow for individuals and economic entities alike. The main goal of this paper is statistical evaluation of the payment system development in Poland. Above considerations have been started by analyzing the genesis of payment systems.

Suggested Citation

  • Anna Czarnecka (Kiłyk) & Paulina Magierska & Agnieszka Parkitna, 2016. "Statistical evaluation of payment system development in Poland," WORking papers in Management Science (WORMS) WORMS/16/05, Department of Operations Research and Business Intelligence, Wroclaw University of Science and Technology.
    • Handle: RePEc:ahh:wpaper:worms1605
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    File URL: https://worms.pwr.edu.pl/RePEc/ahh/wpaper/WORMS_16_05.pdf
    File Function: Final version, 2019
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    More about this item

    Keywords

    Statistical analysis; Assessment development; Payment system;
    All these keywords.

    JEL classification:

    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
    • C11 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Bayesian Analysis: General
    • C44 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Operations Research; Statistical Decision Theory
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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