Development of Cashless Economy in the Financial Market as an Important Element of Economic Security of Ukraine

Authors

DOI:

https://doi.org/10.26906/EiR.2021.3(82).2373

Keywords:

cashless economy, financial market, economic security, non-cash payments, financial literacy, financial inclusion

Abstract

The purpose of the article is to study the problems and priority areas of development of innovative financial market technologies that will help improve the state of economic security in Ukraine. In the financial sector of the national economy, the digital transformation is quite active; the cashless economy is actively developing. It is argued that the cashless economy is the immediate future of Ukrainian society. Non-cash payments will not only help reduce the level of shadowing of the economy, but also intensify investment processes, will be convenient for economic agents and the public. Increasing the level of financial literacy and awareness of the population is a priority aimed at accelerating the introduction of cashless. Further research will be devoted to these problems.

Author Biography

Liana Ptashchenko, National University «Yuri Kondratyuk Poltava Polytechnic»

D. Sc. (Economics), Professor

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Published

2021-09-05

How to Cite

Ptashchenko, L. (2021). Development of Cashless Economy in the Financial Market as an Important Element of Economic Security of Ukraine. Economics and Region, (3(82), 102–107. https://doi.org/10.26906/EiR.2021.3(82).2373

Issue

Section

MONEY, FINANCE AND CREDIT