On some problems of development of cashless payments using Bank cards

Abstract

In this article, the authors highlight the dynamics of market of the cashless payments made with the bank cards. The article deals with the theoretical and practical aspects of development of cashless payments using bank cards in the Russian Federation. Identified trends laws reflect some problems on financial literacy and lack of public confidence in the system of cashless payments. The theoretical and practical problems are relevance and caused by increasing performance requirements of non-cash payments in the moment, and that problem requires a scientific basis. The au-thors believe that the introduction of bank payment cards is an im-portant direction of development of the payment system and is aimed at the reducing cash circulation in Russia.