Economic essence of electronic payment system

The article presents the basic concepts and economic essence of the electronic payment system. Electronic payment system is one of the types of payment systems. The study of the theoretical foundations and the economic nature of the category "electronic payment system" allows you to determine that the electronic payment system is an integral part of the payment system of any country and part of the payment system of most organizations. The article also uses the concept of "electronic payment system (EPS)", which relates to digital technology and data transmission via the Internet.