FEATURES FUNCTIONING OF THE PAYMENT SYSTEM OF UKRAINE

In the age of global Internet, there were changes in life human community, its needs, and requirements for provision payment services, that, turn, affected development sphere. Taking into account transformations field systems that occur as a result continuous digital economy globalization, legislative regulatory domestic international field, research proposals regarding modern understanding concept "payment system" varieties remain important.As conducted on current condition functioning systems, we have proposed author's vision their varieties, which takes influence technology globalization processes activity, while highlighting individual types depending general economic significance, unitary position, well importance, functionality. addition, selected may several variants interpretation, since today this has significantly expanded lexical meaning.Based results assessment Ukraine, article identifies main stages formation country's system, features, establishes factors (political economic, informatization society, digitalization economy, financial technologies, basis use oversite, regulator's policy, access to level material support population, competition between service providers, popularization cashless payments). The study trends identification shortcomings showed need reform interbank settlements, determine promising directions order create an effective, reliable safe system Ukraine.