DEVELOPMENT ADVANTAGES OF CASHLESS PAYMENTS IN THE PAYMENT SYSTEM OF UZBEKISTAN
DOI:
https://doi.org/10.47390/SPI1342V3SI5Y2023N10Keywords:
payment order, check, documentary letter of credit, clean collection, documentary collection, liquidity, commercial bank, overdraft, security, priority of payments.Abstract
The article identifies problems associated with improving the practice of using forms of cashless payments in the Republic of Uzbekistan and developed scientific proposals aimed at solving these problems. The transition to electronic payments improves the efficiency of the economy, reduces cash, improves financial transparency, promotes financial inclusion, promotes the digital economy, reduces costs and provides convenience for users.
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