Subject This article deals with the insurance mechanism of payment system components. Objectives The article aims to determine the peculiarities of insurance of the payment system and payment infrastructure operators. Methods The research applies an econometric estimation to analyze the payment system functioning. It also constructs a binary logistic regression to determine the requirements for the payment system components insurance. The work uses ISO31000 international standards and the regulations in the field of payment systems. Results Insurance companies can establish requirements for the insured components of the payment system in terms of operations within the payment system. Moreover, insurance companies can put forward demands to ensure the continuous operation of the payment system. Conclusions and Relevance Insurance can be an alternative to the application of the mechanism of impact on the achieved level of risk. This increases the stability of the payment system and increases its attractiveness to the participants. The research results can be used by the Bank of Russia in terms of formalizing the requirements for the functioning of payment system components.
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