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STABILIZING THE COUNTRY'S ECONOMY THROUGH THE DEVELOPMENT OF THE PAYMENT SYSTEM IN UZBEKISTAN

Maribjonov Botirjon Ikromjonovich , Assistant to the Department of Accounting and Management at the Andijan Machine-Building Institute.

Abstract

This article discusses the need to pay special attention to the national payment system of the state in the banking payment system for the development of the country's economy, and as a result, to improve money circulation in the country. The author put forward conclusions and proposals for the development of the state's payment system and, as a result, further increase of the country's economy.

Keywords

bank plastic card, bank terminal, payment system, issuance, processing, integration, transaction.

References

Law of the Republic of Uzbekistan dated November 1, 2019 No. ZRU-578 "On Payments and Payment Systems."

Regulation "On the Rules for the Issue and Circulation of Bank Cards in the Territory of the Republic of Uzbekistan," approved by the decision of the Board of the Central Bank of the Republic of Uzbekistan, registered by the Ministry of Justice of the Republic of Uzbekistan on April 3, 2021 No. 3294.

Resolution No. 8/3 of the Central Bank of the Republic of Uzbekistan dated April 18, 2023 "On approval of the Regulation on the procedure for licensing the activities of payment system operators and payment organizations," registered by the Ministry of Justice of the Republic of Uzbekistan on May 5, 2023 (registration number 3431).

Navruzova K.N., Ortikov O.A. "Accounting and Payment System in Banks," Tashkent; 2005.

Khudoykulov X.X., "Problems in Using the Discounted Cash Flow Method in Assessing the Capital Value of Joint-Stock Companies." Tashkent, 2020.

Maribjonov B.I., "Features of Financial Analysis in Industrial Enterprises." 2024.

Jumaeva S.X., "The Economic Essence of the Balance of Payments and the Evolution of Approaches to It." 2020.

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How to Cite

STABILIZING THE COUNTRY’S ECONOMY THROUGH THE DEVELOPMENT OF THE PAYMENT SYSTEM IN UZBEKISTAN. (2024). International Journal of Artificial Intelligence, 4(10), 469-474. https://www.academicpublishers.org/journals/index.php/ijai/article/view/2006