Market Research Report Russia Consumer Payments Market Research Report

Russia Consumer Payments Market Research
and Forecast Report 2017
Market Research Hub (MRH) has recently announced the addition of a fresh report,
titled “Consumer Payments Country Snapshot: Russia 2016” to its report offerings.
This report examines the consumer payments market in Russia, considering payment
cards, online payments, P2P payments, and newer payment technologies such as
mobile wallets and contactless. This report also examines the regulations in force in
the market which players must comply with, and how these have changed in recent
years.
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The Russian payments market is showing significant change as it slowly moves
towards digital payments. In spite of cash playing a dominant role, new payment
technologies will progressively gain in importance, with mobile payments and
online commerce expected to contribute to increasing the level of electronic payment
adoption in the Russian market. The modernization of the payments infrastructure
and the creation of a National System of Payment Cards will support the transition
to cashless payments.
This report examines the consumer payments market in Russia, considering payment
cards, online payments, P2P payments, and newer payment technologies such as
mobile wallets and contactless. This report also examines the regulations in force in
the market which players must comply with, and how these have changed in recent
years.