THE ROLE AND THE MEANING OF FAST TRANSFER SYSTEMS AND NON-CASH SETTLEMENTS IN POLAND

Authors

  • Kamila Czarnowska

DOI:

https://doi.org/10.58246/sjeconomics.v22i3.326

Keywords:

Non-cash settlements, Immidiate Payments, Fast transfer, Fast transfer system, BlueCash, Express Elixir, Elixir

Abstract

The aim of the paper was to describe instant funds transfer systems in Poland given the increasing significance of non-cash settlements. The paper discusses the genesis of such systems and their growing significance on the payment services market.

The paper, in particular, illustrates the increase in the quantity and value of the transactions completed by instant funds transfer systems in Poland and examines the relationship between the volume of transactions in the Elixir system. The benefits of using instant inter-bank funds transfer services are also discussed.

Published

2016-10-31

Issue

Vol. 22 No. 3 (2016)

Section

Article

License

CC-By licence - allows a work to be copied, modified, distributed, presented and performance of a work only on the condition that the original author is credited. It is a licence guaranteeing the broadest freedoms for the licensee.