The national system of payment cards: an analysis and prospects of development at the present stage

Tyumen State University Herald. Social, Economic, and Law Research


2015, Vol. 1. №3(3)

The national system of payment cards: an analysis and prospects of development at the present stage

About the author:

Alexey G. Kutsev, Cand. Sci. (Econ.), Associate Professor, Deputy Director, Financial and Economic Institute, Tyumen State University;


The article focuses on the history of national payment card system, particularly on its utility value and implementation prerequisites in Russia, and on previous initatives in the sphere of association of Russian processing systems. The prospects and stages of formation of national processing system are being studied along with its influence on economic and national security of Russia. Current strategy of development of national processing system defines time frames set for its implementation and its influence on social and economical growth in the country. Special attention is paid to the approach of the Bank of Russia that for the first time does not take into account interests of lobbyists from commercial structures that have been operating in this market sphere for quite a while. The measures taken at the country level give us the reason to consider the project a very up to date decision to create independent and stable system of clearing transactions based on payment cards. The risks of possible market monopolization by NSPK (Natsionalnaya Sistema Platezhnykh Kart, National System of Payment Cards) JSC controlled by the government level are evaluated.


1.        Gadzhieva S. M. Nacional’naja sistema platezhnyh kart: tekushhee sostojanie i perspektivy razvitija [The national payment card system: the current state and prospects of development] // (In Russian)

2.        Kaluzhskij M. L. Institucionalizacija platezhnoj sredy jelektronnoj kommercii v Rossii [Institutionalization of the payment environment of e-commerce in Russia] // Finansovaja analitika: problemy i reshenija [Financial analytics: science and experience]. 2014. No 2.

Pp. 8-19. (In Russian)

3.        Krylov G. O. Problemy nadzora i finansovogo monitoringa universal’nyh platezhnyh kart v nacional’noj platezhnoj sisteme Rossii [Problems of supervision and financial monitoring of universal payment cards in the national payment system of Russia] // Sovremennaja nauka: aktual’nye problemy teorii i praktiki [Modern science: actual problems of theory and practice]. Series: Estestvennye i tehnicheskie nauki [Natural and Technical Sciences]. 2012. No 8-9. Pp. 5-7. (In Russian)

4.        Nikitina V. L. Problemy monitoringa universal’nyh jelektronnyh kart v nacional’noj platezhnoj sisteme [Problems of monitoring universal electronic cards in the national payment system] // Pravovaja informatika [Informatics and law]. 2012. No 3. Pp. 31-32. (In Russian)

5.        Olkhovskiy V. A., Galimova G. A. Rol’ platezhno-raschetnyh sistem v obespechenii stabil’nosti i razvitija rynka finansovyh uslug [The role of payment and card systems in ensuring the stability and development of the market of financial services] // Fundamental’nye nauki [Fundamental research]. 2014. No 9. Pp. 1579-1584. (In Russian)

6.        Rubinstein E. D., Dyachenko U. K., Urumova F. M. Nacional’naja platezhnaja sistema: zakonodatel’naja baza, mezhdunarodnyj opyt [The national payment system: a legislative basis, and international experience] // Problemy sovremennoj jekonomiki [Modern Economy Issues]. 2014. No 22-2. Pp. 87-91. (In Russian)

7.        Savitskaya N. A. Nacional’naja platezhnaja sistema Rossii: problemy i perspektivy razvitija [The national payment system of Russia: problems and prospects]. Saint-Petersburg: St. Petersburg State University of Economics, SPbGUJeF Publisher. 2011. 135 p. (In Russian)

8.        Strategija razvitija nacional’noj sistemy platezhnyh kart [A strategy of development of the national system of payment cards] //Утвержденная%20Стратегия%20развития%20НСПК_09%2002%2015.pdf (In Russian)

9.        Federal Law of the Russian Federation No 161-FZ of June 27, 2011 «O nacional’noj platezhnoj sisteme» [«Concerning the national payment system»] (as amended of May 5, 2014.) // /?frame=4 (In Russian)

10.    Khaustov D. S., Yagodkina V. M. Formirovanie nacional’noj sistemy plastikovyh kart Rossii v uslovijah mezhdunarodnoj konkurencii [Formation of the national system of plastic cards in Russia in conditions of international competition]: A monograph. Irkutsk: Baikal National University of Economy and Law, BGUJeP Publisher, 2011. 166 p. (In Russian)