| Abstract [eng] |
Payment cards cannot be considered as entirely unknown and new phenomenon in the field of financial services. It is one of means to pay without handing cash and already is a commonly used tool in many countries of the world. Ability to reach bank funds online and dispose them there, as well as use the advantages as compared to other means of payment, has done it the mostly usable tool in electronic commerce. The European Union has started conforming regulatory guidelines for electronic payments in the nineth decade of the last century, however, in Lithuania, legal affairs have been started to be observed by these guidelines and their special norms only lately. Establishment of a unitary field of payments in the European Union obliges member states to combine their national legal standards to the legal rules of the European Union. Therefore, the former balance between rights and duties of legal relation participants changes in many member states and other issues of practical nature as related to the Lithuanian national legal deeds contradicting the European Union rules appear. Hence, by limiting ourselves to the European Union and Lithuania, this paper work shall make analysis of the major national rules of the European Union and Lithuania related to the legal issues of payment by cards and the main problems of legal regulation shall be revealed. |
