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Market Overview: Payments in Russia
On the centenary of the Russian Revolution, we examine payments in the world’s largest country. How do Russians pay today? And given the state bank dynamic, a new domestic card scheme and an internet-connected, tech-savvy population, what does the future hold for payments in Russia? Russia covers 13 percent of the world’s surface, spans eleven time [...]
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Payments Cards in Europe – a report
Payment cards at the point of sale (POS) and online showed solid growth rates in most European countries in 2014, supported by the roll-out of contactless technology. The challenges for the industry as a whole are the downward pressure on interchange fees and growing fraud losses. Cards in issue and card payments by volume and by [...]
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