THE ROLE AND IMPORTANCE OF FINTECH IN THE DEVELOPMENT OF E-COMMERCE

Authors

  • Хamdamov Mirzoumid Mirzoyuldashevich Associate Professor of the Department of World Economy, University of World Economy and Diplomacy
  • Nortojiev Ulugbek Rasulovich

Keywords:

FinTech, data analytics, transactions, e-wallets, BNPL, AI algorithms.

Abstract

The rapid growth of e-commerce has created a need for efficient and secure financial solutions that can facilitate seamless online transactions. FinTech, which refers to the integration of technology into traditional financial services, plays a crucial role in addressing these needs. This paper explores the significance of FinTech in driving the development of e-commerce by examining various aspects.

References

Address of the President of the Republic of Uzbekistan Shavkat Mirziyoyev to the Oliy Majlis on January 24, 2020.

E-commerce 2021-2022 business. technology. society. SEVENTEENTH EDITION Kenneth C. Laudon • Carol Guercio Traver, 2022.

E-commerce and business training manual Sh.Q.Yuldashev, D.Q.Usmanova, L.N.Khalikova, M.V.German, Samarkand-2021.

Internet sources:

https://lendfoundry.com/blog/the-impact-of-fintech-on-ecommerce/

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Published

2024-06-25

Issue

Vol. 7 No. 6 (2024): WORLD OF SCIENCE

Section

Articles