DIGITAL PAYMENT SYSTEMS IN UZBEKISTAN.

This thesis explains the impact of digital payment systems in Uzbekistan by analyzing both local payment methods, like Click, Payme, and Uzum bank, and international payment methods, like Visa and Mastercard. While local payment platforms are dominant among the Uzbek people for peer-to-peer transactions because of their low costs, localization, and easy-to-use structure, international digital payment systems are mostly used for their availability for cross-border transactions. In this thesis, we look over each platform’s features, strengths, and weaknesses, usage rates, Uzbekistan’s current situation, and future plans for digital payment systems.