Payment Services Availability in the Context of Digital Transformation of Financial Markets

摘要

The article discusses the issues of increasing financial inclusion based on the development of payment services, taking into account modern processes of digitalization of the economy. Various approaches to the content of the concept of "financial inclusion" and their evolution are presented on the basis of Russian and foreign authors' researching of scientific publications, as well as its definition in materials of central banks and international organizations. The necessity of developing a toolkit for a comprehensive assessment of the development of the level of accessibility of payment services as a component of monitoring financial accessibility in various countries has been substantiated. Based on the data on the statistics of payment, clearing and settlement systems BIS, an integrated index of the sustainability of the development of financial accessibility of payment services of the G20 countries was determined, reflecting the level of development of each country, the level of development of the infrastructure of its payment system and payment services and their adequacy to the problems of digital transformation of financial markets, as well as the level of demand for payment services. According to the proposed method, a rating was compiled for a comprehensive assessment of the level of financial availability of payment services in the G20 countries, which made it possible to distribute the latter according to the stability groups of the process of increasing the availability of payment products and services.