Title Mokėjimo sistema LITAS: dabartis ir perspektyva /
Translation of Title The LITAS payment system: its present and prospects.
Authors Egidijus, Bikas ; Novickytė, Lina
DOI 10.15388/Ekon.2008.17656
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Is Part of Ekonomika. 2008, t. 82, p. 7-30.. ISSN 1392-1258
Abstract [eng] Its imperfections include a lack of public information, unclear future of the system and a considerable variability. The most important potentials of the system include the continuity of operation, the growing market and the exclusivity of the image. The principal dangers that may menace the LITAS system include the liquidation of the system, possible new competitors, pressing of market participants. The article presents a comparative analysis of the payment systems, Bank of Lithuania statistics information about payment transfers, their structure and dynamics, real time and designated time transfer cumulative curves, which helps to regulate the money flows in the payment system. An analysis has shown that the operation of the LITAS system was successful. This fact encourages stating that the direction of the activities chosen by the operator of the system was correct., The article presents final remarks about the Lithuanian LITAS payment system and suggestions how to improve its activity and safety.
Type Journal article
Language Lithuanian
Publication date 2008
CC license CC license description