E-Money and E-Finance as Economic Category

Abstract

The article represents the results of the research, which reveals the influence of globalization processes on the evolution of the concept of finance in the modern context. The relationship of e-money and e-finance is disclosed. The problems of the development of e-commerce and electronic calculations are revealed. It is concluded that as an economic category finances are influenced by virtualization processes at the stage of pervasive evolutionary changes. The authors identify the need for the development of relevant theoretical evidence for the new economic concept, which has not been studied thoroughly due to its innovative character and speed of penetration into national and international economies.

DOI: 10.5901/mjss.2015.v6n6p448