THE ROLE OF CASHLESS PAYMENTS IN THE ECONOMY

Abstract

At the current stage of economic development, the role of banks operating in our republic is increasing. Because none of the business entities can bypass the banking service and manage their mutual accounts without the help of the bank. For this reason, the government is paying attention to reforms to further strengthen the banking system and increase their freedom. Because the reforms carried out in the banking system are the basis for ensuring the stability of not only banks, but also the entire economy. The stability of the banking system helps the development of the economy of our republic.