| Abstract: |
The payment system represents a sum of instruments, procedures and
infrastructure for money transfer. It is of great importance for all economic
agents since it enables fast and efficient payments in the national economy as
well as internationally. Electronic payment system functionality is measured
through analysis of the transactions committed, structure of the electronic
instruments available within a country, and payment instruments used during
payment of purchased or ordered products or services. The use of Electronic
Payment Instruments in Macedonia is growing steadily, which shows that the EPS
system in this country is continually growing and is in some extend well
organized, people are friendly to ICT and conduct electronic transactions
easily. E-banking activities in Macedonia started, but remain in low levels;
which is a fact for e-commerce activities in general. |