THE ROLE OF DIGITAL INFORMATION TECHNOLOGIES IN THE IMPLEMENTATION OF CASHLESS PLASTIC CARDS IN BANKS

Lapasova is the daughter of Marguba Zakir
Student of the Jizzakh branch of the National University of Uzbekistan
lapasovamarguba04@gmail.com 
Phone: (90)-488-76-70

Abstract: The article contains a number of points regarding the analysis of the implementation of cashless settlements in commercial banks of Uzbekistan. 
Keywords: Plastic cards, digital technologies, mobile banking, SMS-banking, Bank-Client, retail banking services, banking system.
Enter. Currently, the process of opening plastic cards to customers is quickly prepared by commercial banks in our country through modern (EISA) programs.

The main part. In the conditions of financial globalization, the competition between banks to attract large corporate clients has increased, and the market of banking services in Uzbekistan is becoming one of the promising areas of ensuring bank income and competitiveness. At the moment, retail services occupy a special place in the market of banking services, and they are mainly aimed at satisfying the population's demand for financial and banking services. It is known that retail banking services are distinguished by a number of features, in particular, individuals are the main consumers, although the volume of transactions is small, the costs are higher compared to corporate banking services, and the services are aimed at meeting personal requirements. The President of the Republic of Uzbekistan Shavkat Mirziyoyev Miromonovich stated in his address to the Oliy Majlis that "wide implementation of digital technologies in the activities of banks will be in the center of our attention." The volume of retail banking services provided by commercial banks of our Republic is increasing year by year. The number of deposits intended for the population is increasing, the volume of operations with plastic cards is increasing, the practice of issuing consumer and mortgage loans is improving.

Resolution 2751 of the President of the Republic of Uzbekistan dated February 2, 2017 "to further encourage the development of the cashless settlement system, to meet the demands for plastic cards, terminals and related equipment, as well as non-bank transfer of funds special attention is focused on reducing turnover
of the President of the Republic of Uzbekistan " On additional measures for the further development of the cashless payment system based on plastic cards " No. PQ-433 of August 3, 2006 is provided at the beginning of the second letter of paragraph 1 to extend the period of validity of customs privileges until January 1, 2020.

Bank microprocessor plastic cards, manufacturers of payment terminals, processing centers of retail payment systems are effective from imported raw materials, consumables and components, software tools and licenses for the production of plastic cards, terminals, ATMs, infokiosks and other equipment. and ensure strictly targeted use and calculations by means of these, and in the future their production should be localized.

Also, the regulations on non-cash payments in the Republic of Uzbekistan, the Civil Code of the Republic of Uzbekistan, "On the Central Bank of the Republic of Uzbekistan", "On Banks and Banking Activities" and in accordance with the laws "On Payments and Payment Systems" in the Republic of Uzbekistan, the procedure for making cashless settlements of legal entities and individuals using payment documents is established. One of the most widely used types of retail banking services today is plastic card services. Plastic cards have their advantages for banks and citizens. Also, today, making payments for various products and services through the Internet and electronic systems is becoming more and more sophisticated. The widespread use of plastic cards and mobile communication is creating the basis for the development of the sector. In particular, the use of information and communication technologies in areas such as consumer credit, remittances, and deposit operations is at an initial stage. It is also important to study foreign experience in further expansion of plastic card services. Looking at the foreign experience of plastic card services. This type of payment has been used in the Australian banking and financial system for more than twenty years. 

Over the past years, a lot of experience has been accumulated in this regard. Innovative ideas were introduced to the industry. As of today, the number of plastic cards in circulation is 6 per person. 6 issued plastic cards for each working population corresponds to ta. Credit cards are used within the specified limit, and the debt incurred through the plastic card is returned to the customer within a convenient time. International "Visa", "MasterCard" and "American Express" bank credit cards are mainly used in Australia. In recent years, as a result of the decrease in the demand for cash and the expansion of cashless payments, the number of payment terminals installed in sales and service outlets in the country is increasing significantly. In our country, as a result of the development of the settlement system through plastic cards, the demand for cash is decreasing year by year. In particular, in comparison to 2018-2019, there is an increase in the number of people carrying out operations and sales through bank plastic cards.

Summary. The development of bank card transactions, the possibility of introducing a scoring credit system, the gradual development of services such as "internet-banking", "mobile-banking", "SMS-banking", and the improvement of services such as money transfers and electronic payment in our republic determines the prospects for the development of retail banking services.

Useful literature:
1. "Economy and innovative technologies" scientific electronic magazine. No. 1, January-February , 2014
2. Decree of the President of the Republic of Uzbekistan on the strategy of actions for the development of the Republic of Uzbekistan in 2017-2021
3. Bekchanov M., Abdurakhmanov R. Plastic card - a modern means of settlement. // Market, Money and Credit. No. 9. 2012.B.14
4. Abduvakhidov F. Accounting in commercial banks./ Study manual. - T.: "ECONOMY-FINANCE", 2012 - y.

We Need Not Speak

As you hold me close in your warm embrace
I feel like we will melt into one as our hearts beat together.
We need not speak.. 
Our unsteady breaths speak for us 
They are as pleasing as any love poem ever passionately uttered
My love for you will show in my eyes and in my touch 
I slowly drench your heart's barren ground 
Whenever you reach for me, I will be right there.. 

I will always come to you, and there will never be
any doubt that you are alive inside... ❤ 




Love is our Song

Love as we know it, is like a prayer,
and music is what fills our souls with life
It flows from my breath like a gentle breeze,
and I see you come alive with each new song
When our souls met, you gave up your heart
You sacrificed your life for both of us as a whole
You name became mine and mine became yours
Burning in our love was our destination foretold
and the many memories are as many as the stars
We have spent many nights just remembering them all
And our love will be forever eternal.. 

I see it in your eyes.  ❤ 



A Flame Between Us

Like a match, you started a flame between us
I've always understood my place in your life
And remembered when and how it all started
Look no further than right in front of you
because that is where you will find my smile
It's never changed, and has always been for you
My light glows around you like a flame of life
If  you hear my voice, follow the sound
I will light the way to where you will find me
and the dark will no longer surround you
For this flame will light our path together. 




Kristy Raines was born in Oakland California in The United States of America and is a poet, writer, author and humanitarian/advocate.
She has five books getting ready to publish soon, one with a prominent Poet from India  which will launch hopefully soon called, "I Cross my Heart from East to West", two fantasy books of her own called, "Rings, Thins and Butterfly Wings" and "Princess and The Lion", and an anthology of poems in English, "The Passion Within Her" and her Autobiography called "My Very Anomalous Life"
Kristy has received many literary awards for her unique style of writing.

The Unlucky Sun


Forest bandits weave dreams in the eyes of the river 
The noise of civilization robs the fish of sleep The hearts of the far-near roads are wounded
The tree stump is now an ammo
Shadow walks on a bullet-ridden leg
 A changing climate attacks the world of clouds
 The fetus of poison vapor is in the womb of the sky 
Discrepancy of seasonal cycles  is on the horizon 
The language of blood in the chest of green grass 
The Mathematics of Dissatisfaction is on Butterfly Wings
Democracies of defeat in seven days of the rainbow
 Inventions in fresh account books kill themselves
 Nerve cells in the brain melt in the reproductive system 
Vascular blood vessels in clotted lesions
 The calendar is defective in the clutter of days
 Intellectuals are bought and sold 
Sometimes the sun itself seems unlucky .

In the realm where dreams reside....


In the realm where dreams reside,
Lies a tale that must be untied.
A story of forgotten lands,
Of whispered secrets in shifting sands.

Behold! A world so full of wonder,
Where stars ignite and heavens thunder.
Where moonbeams dance upon the streams,
And sunsets paint ethereal gleams.

In this realm, love blossoms true,
Where hearts entwine like morning dew.
A symphony of laughter fills the air,
As souls connect beyond compare.

But amidst this beauty, darkness creeps,
It slumbers there, silently it seeps.
A shadow cast upon the light,
Threatening to devour all in sight.

Yet hope ignites within each soul,
Burning bright, making them whole.
They rise against the tempest's might,
With courage fierce, they take to flight.

For in this realm, strength is found,
In unity, their spirits bound.
Together they face the looming storm,
Defying fate's relentless norm.

Through valleys deep and mountains tall,
They march with purpose, standing tall.
Their voices rise in unison,
A symphony of resilience begun.

And as they fight against the night,
Their spirits glow with radiant light.
For even when darkness seems so vast,
Hope endures and shadows won't last.

So let us join this sacred place,
Embrace its beauty and embrace its grace.
For within its depths lies life's sweet song,
An eternal melody that keeps us strong.



Poetess: Makhfiratkhon Abdurakhmonova from Uzbekistan. 

The ship of the moon raised its sails
It went towards the constellation star
At that moment, a poet shrugs his shoulders
He began to write a series of poems
Spruce branches bent
It showed respect to everyone
The poet poured himself into the poem
The winds danced
The elegant lawns were swaying
They were having fun whispering
They would say to each other:
"I wish the poet would say his poem"
But the poet was still silent
He closes his eyes and shakes his head
To the black cloud that roamed the sky
He sometimes frowns
Like it inspired him
A brook flowed beside him
The poet's thoughts roamed the world
In the bosom of the blue sea
The poet plucked words from his heart
The world could not bear it
The morning began to shine suddenly
The sun came out of the poem

Author: Umid Qodir. Young Uzbek poet. 
Translator: Nigora Muhammad

Weightlifter’s Dilemma, or Upon Looking at a Surrealist painting by Andrew Ferez

(Photo above is of a clown’s face with purple curly hair and white face paint and a big nose suspended above a desk with a microphone)

What the body lifts and carries
Around like a second skin
It sooner memorizes the weight
As it grows inured to the pain

Clowns must be the unborn
Children of Sisyphus, smile
Despite and in spite of –if they only
Knew art is more than a discipline

Takes a while for the heart to catch up
When it does, it surrenders the key
To a floodgate that opens at three
Next thing you know, each morning

The heart wakes up in a circus tent
Of acrobats juggling heavy objects
Handles them like they’re made of air
Who cares about weightlifting clowns?

——-
Biographical note:

Emeniano Acain Somoza, Jr. considers himself the official spiritual advisor of his roommates, Gordot and Dwight – the first a goldfish, the other a Turkish Van cat. His works have been published in The Poetry Magazine, Moria Poetry Journal, Fogged Clarity, Everyday Poem, Loch Raven Review, The Buddhist Poetry Review, The Philippines Free Press, Troubadour 21, Full of Crow, Indigo Rising, Asia Writes, Triggerfish Critical Review, Troubadors 21, Gloom Cupboard, TAYO, Haggard & Halloo, and elsewhere. His first book, A Fistful of Moonbeams, was published by Kilmog Press in April 2010. His second, Kleenex Theory, published by Createspace-Amazon, came out in 2015. He is busy anthologizing emptiness and boredom at the moment.

Banshee Call 

From those decrepit ruin walls
Hollow cries creep over the moor.
Something wicked, eerily calls
Whining deathly tears of dire lore.
Night breeze, like morbid ice
Hauntingly drifts among the trees.
From yon desolate edifice
Come cries that make blood freeze.
But a grave now; those castle walls,
Naught as her haunting grounds.
And when you hear the Banshee calls; 
Know is how your death sounds.
For few live to tell their tales
Of their acquaintance with cries at night.
For when the Banshee wails
Nigh never do they greet dawn's light.
Then when one hears the Banshee's call
A wretched soul is destined to fall.

Inner Torment

Lost in misery my soul burns.
It sleeps but sorrow always returns.
If of a memory's cost 
Or in Limbo where hope is lost. 
This hell will not yield.
There is no mercy upon this battlefield.
Only footprints left by death. 
Only tears that strangle one's breath.
Dark requiem in fading light 
Sorrow awakens with the night. 
Abominations from my inner torment
Rising in a horrid ascent.

From South-Western Michigan, Jerry Langdon has lived in Germany since the early 90's. He is an artist and poet. His works bathe in a darker side of emotion and fantasy. He has released five books of Poetry titled "Temperate Darkness an Behind the Twilight Veil", “Death and other cold things” “Rollercoaster Heart” and “Frosted Dreams” Jerry is also the editor and publisher of the literary magazine Raven Cage Zine poetry and prose. His poetic inspirations are derived from poets such as Edgar Allen Poe, Robert Frost and Henry Wadsworth Longfellow. As well as from various rock bands. His apparently twisted mind, twists and intertwines fantasy with reality.