Overall consumer expenditure in Russia has been negatively impacted by the widespread decline in demand for services, tourism and foodservice throughout the country and consequent impact on GDP. Consumer payments were already shifting away from cash before the COVID-19 outbreak, in line with ongoing modernisation and government programmes such as the MIR national social payment system. However, one of the major consequences of the pandemic has been an acceleration of this migration from cash to…

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Euromonitor International’s Financial Cards and Payments in Russia report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.

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Product coverage: Financial Cards in Circulation, M-Commerce, Transactions.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

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Why buy this report?
* Get a detailed picture of the Financial Cards and Payments market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years’ experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Table of Content

EXECUTIVE SUMMARY
COVID-19 impact on consumer payments
COVID-19 country impact

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Migration towards cashless society further fuelled by concerns over pandemic
Debit cards boosted by contactless technology and biometrics developments
Competitive environment revolutionised by MIR payment system

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What next for consumer payments?
MARKET INDICATORS
Table 1 Number of POS Terminals: Units 2015-2020

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