UDC 37
DOI: 10.36871/ek.up.p.r.2024.12.03.003
Authors
Saida K. Shardanovna,
North Caucasian State Academy
Indira Sh. Nanaeva,
Chechen State University named after A. A. Kadyrov
Zamira B. Ilmieva,
Grozny State Petroleum Technical University named
after Academician M. D. Millionshchikov
Abstract
From the point of view of economic theory, the widespread use of the Internet in business has also contributed to the rapid development of Internet finance and has become an important way to develop the financial industry. In recent years, due to the constant development of Internet finance, various financial services such as online payments, online insurance, online loans, etc. have gradually begun to develop. The development of this type of financial services not only compensates for the shortcomings of traditional financial services, but also contributes to the development of the entire financial industry to a certain extent. An analysis of the basic competitiveness of Internet finance from an economic point of view will help to promote the integration of modern Internet finance and traditional finance, thereby contributing to the better development of Internet finance.
Keywords
economic theory, financial development, Internet, online payments.
