Payment systems

Payment system – a set of rules and proceduresgoodshopcvv that make it possible to transfer money or money substitutes, in electronic or physical form.

All types of payment systems can be divided into:

systems involving cash;

non-cash payment systems, including money transfer systems;

bank card;

electronic payment system.

Visa and MasterCard cards have an international standard and are accepted in more than 200 countries. Visa accounts for about a quarter of all paymentcvv2store cards issued in the world. For MasterCard, the same figure was about 20%.