Directions of development of the payment system of the Russian Federation in modern conditions

This study is devoted to the analysis of the current state and level of development of the financial market infrastructure in Russia. The paper examines key trends and directions in the development of the financial sector (including digitalization, increasing financial accessibility, and protecting the rights of consumers and investors). Special attention is paid to the role of the Central Bank of the Russian Federation in creating conditions for the sustainable functioning of the financial market and its contribution to the structural transformation of the country’s economy. The author has formulated the key trends in the development of the Russian financial market infrastructure at the present stage. It is concluded that the main goal of developing the infrastructure of the Russian financial market is to provide opportunities for accumulating savings for households and businesses, and their further transformation into sources of financing to ensure economic growth.