Foreign experience in the organization of the payment system and its application in the practice of Uzbekistan


  • Ibrahim Toirov Teacher of Tashkent Financial Institute
  • Oybek Khudayarov Ph.D. in Tashkent Financial Institute


payment system, cashless settlement, money circulation, payment turnover, interbank payment system, international payments


Based on theoretical and practical information, the article examines the organization of the payment system, the structure of the payment system in developed countries and its features, and also develops scientific proposals for the use of foreign experience in our country.


Law of the Republic of Uzbekistan "On Electronic Document Management" dated April 29, 2004;

The Law of the Republic of Uzbekistan "On Electronic Commerce" dated 05.22.2015;

Law of the Republic of Uzbekistan "On payments and payment systems". ORQ-578. 01.11.2019.

Navruzova K., Artykov O. Cashless settlement and payment system. - T .: "Economics - Finance". 2014

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James Brook. Examples and explanations: Payment systems. - New York .: Wohers Kluwer Low @ Business. 479 pp.

Carol Chomsky, Christina Koontz, Elizabeth Schiltz, Charles Tubb. Selected Commercial Charters, for Payment Systems Courses: West Academic Publishing 2015 Edition. 1836 pp.

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