DEVELOPMENT OF THE NATIONAL PAYMENT CARD SYSTEM (NPCS) OF THE RUSSIAN FEDERATION IN THE CONTEXT OF DIGITALIZATION AND EXTERNAL CONSTRAINTS

Abstract

The article examines the current state and key developmental trends of the payment system of the Russian Federation under the conditions of financial sector digitalization and unprecedented external sanction pressure. The primary focus is placed on analyzing the performance of the National Payment Card System (NPCS) as a guarantor of the country’s economic stability and technological sovereignty. Based on statistical data, the dynamics of implementing “Mir” cards and the Faster Payments System (FPS) are considered, alongside a mathematical evaluation of the economic efficiency of transactional technologies for commercial enterprises. Key barriers in the sphere of cross-border settlements are identified, and perspective ways to overcome them are proposed, including the integration of the digital ruble and supranational distributed ledger technology platforms.