“The Russia Payment Services Market was observed at a juncture where disrupting innovations are impacting the traditional value chains of the industry.”
Converging Stage of Progression towards Becoming Cashless: The consumer adaptability in terms of cardholding population and per capita annual volume of non-cash transactions in Russia were observed at a growth stage while the payment infrastructure in terms of Per Capita ... Read more
“The Russia Payment Services Market was observed at a juncture where disrupting innovations are impacting the traditional value chains of the industry.”
Converging Stage of Progression towards Becoming Cashless: The consumer adaptability in terms of cardholding population and per capita annual volume of non-cash transactions in Russia were observed at a growth stage while the payment infrastructure in terms of Per Capita ... Read more
How Payment Services market is positioned in Russia?
Russia is located in Eastern Europe with an area of around 17,098,242 square km and is home to around 144.5 million populations, as at 31st December 2018. With around 63.2% smartphone penetration rate, the country has come a long way in developing the ... Read more
Payment system is a system used to settle financial transactions by the transfer of monetary value. Payment system includes institutions, people, rules, instruments, procedures, standards, and technologies which make it exchange possible. Its common type is known as operational network that links bank accounts and provides monetary exchange using bank deposits. It includes cash and non-cash payments. Non-cash payments includes payment cards, Point-of-sale (POS) Terminals ... Read more
