Surge in Consumer Preferences for Non-Cash Payments Expected to Drive Russia Payment Services Market over the Forecast Period: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit 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 segment and electronic-money (e-money) & acquiring side entailing ATM terminals. POS is the place where customer makes a payment for services or products at store. E-money is a digital corresponding of cash, stored on an electronic device at a server. Additionally, ATM is an electronic finance outlet which allows customers to complete basic transactions without the help of a branch representative or teller. According to study, “Russia Payment Services Market Outlook to 2025- Breaking New Grounds through Alternative Payment Systems such as Contactless Payments albeit Challenging Profitability of Incumbent Firms)” the key companies operating in the Russia payment services market are NCR Corporation, Nautilus Hyosung, Diebold Nixdorf, Lanit ATM, Oki, MultiCarta, Indemit, Ridgast, Ingenico, PAX, Verifone, Yandex.Money, WebMoney, QIWI, PayPal, VISA, NSPK, MasterCard, Alfa Bank, Sberbank, Rosan Finance, VTB 24, Alioth, Novacard, Yandex.Checkout, UnitPay, Robokassa, PayAnyWay, Payeer. Based on component type, payment services market is segmented into hardware and software. Based on POS terminal type, market is segmented into fixed POS terminals and mobile POS terminals. Based on payment card type, market is segmented into single purpose prepaid card and multi-purpose prepaid card. Based on payment cardholder, market is segmented into legal & individual entities. Based on banking automated teller machines (ATMs), market is segmented into geographical location (federal districts wise) and transaction type (financial & non-financial). Based on payment aggregator, market is segmented into payment gateways, payment aggregators and particular instruments. Based on e-money payment mode, market is segmented into Near-field communication (NFC), Short Message Service (SMS), mobile billing, Wireless Application Protocol (WAP) and Unstructured Supplementary Service Data/ SIM Application Toolkit (USSD/STK). Based on purchase type, market is segmented into airtime transfers & top-ups, merchandise & coupons, money transfers & payments and travel & ticketing. Based on usage type, market is segmented into gift card, general purpose reloadable card, gift card, incentive or payroll card, government benefits or disbursement card, and others. In addition, based on industry vertical, market is segmented into corporate institutions, financial institutions, retail establishments, government, restaurants, healthcare, entertainment and others. The payment services market is driven by rise in demand for cash alternatives, followed by prepaid-based remittance feature, rise in e-commerce & m-commerce industry, increase in penetration of smart-phones, surge in consumer preferences for non-cash payments and increase in number of internet users. However, prone to fraudulent attacks may impact the market. Moreover, increase in unbanked & under banked population and rise in demand for fast & hassle-free transaction services are key opportunities for market. It is anticipated that future of the Russian payment services market will be bright owing to rise in disposable income, growth in need for secure, user-friendly, & convenient payment options and increase in number of government initiatives to promote digital economy over the forecast period. Key Segments Covered Russia Payment Services Market By Cash and Non-Cash Payments Russia Terminals Market (Banking ATMs) By Transaction Type (Financial and Non-Financial) By Geographical Location (Federal Districts wise) Russia Terminals Market (POS Terminals) By End-User (Retail, Delivery, Restaurant, Healthcare and Others) By Type of Devices (Fixed and Mobile) By Geographical Location (Federal Districts wise) Russia Payment Cards Market By Type of Cards (Debit and Credit Cards) By Type of Cardholder (Individual and Legal Entities) By Type of Transactions (Cash Withdrawals, Payment Transactions and Others) Russia Payment Aggregators Market By Type of Merchant Services (Payment Aggregator, Payment Gateways and Particular Instruments) Time Period Captured in the Report: Historical Period – 2013-2018 Forecast Period – 2018-2025 Companies Covered: ATM Terminals Market NCR Corporation Diebold Nixdorf Nautilus Hyosung Oki Indemit, Lanit ATM, MultiCarta Ridgast POS Terminals Market Ingenico Verifone PAX E-Money Operators Yandex.Money QIWI WebMoney PayPal Payment Aggregators Market Yandex.Checkout Robokassa UnitPay Payeer PayAnyWay Payment Cards Market VISA MasterCard NSPK, Sberbank Alfa Bank VTB 24 Novacard Rosan Finance Alioth Key Topics Covered in the Report Demographic Analysis of Russia Consumer Profile in Russia Economic Analysis of Russia Shadow Economy of Russia Consumer Adaptability of Non-Cash Payments Russia Payment Infrastructure of Non-Cash Payments Russia Ken Research Framework of Payments Landscape Cross Comparison of Russia with other developed, developing and emerging economies Russia ATM Terminals Market Overview, Market Size and Introduction Competitive Landscape of ATM Manufacturers and ATM Management Companies Future Outlook on ATM Terminals industry by Number of ATM Terminals and Number of Transactions Russia POS Terminals Market Overview, Genesis and Size Competitive Landscape of POS Terminal Manufacturers including Market share and Company Profiles Future Outlook of POS Terminals; By Installed base, Number of Transactions and By Type of Devices Russia Payment Cards Market Overview, Genesis and Market Size Card Holder Profile in Russia Competitive Landscape of Issuers and Payment System Operators in Payment Cards Market Snapshot on Card Manufacturing Companies Future Outlook of Payment Cards Industry; By Number of Users, By Number of Cards in Circulation, By Type of Cards and By Type of Transactions Russia E-Money Market Introduction, Overview and Genesis Company Profile of Yandex.Money, QIWI, WebMoney and PayPal Russia Payment Aggregator Market Introduction, Overview and Market Size Competitive Landscape of Major Players Company Profile of Yandex.Checkout, Robokassa, UnitPay, Payeer and PayAnyWay Future Outlook of Russia Payment Aggregator Market Analyst Recommendations for Russia Payment Services Market Suggested Strategies to ensure Business Sustainability For more information, refer to below link: Russia Payment Services Market Related Reports: India Payment Services Market Research Forecast to 2023 – By Online Payments, M-PoS, IMPS, AePS, USSD-BHIM Transactions, UPI, M-Wallet, PoS Terminal, Payment Gateways, CUG Cards and Payment Security Segment Russia Remittance and Bill Payments Market Outlook to 2023 – By Domestic Remittance Banking & Non Banking Channels; International Remittance Flow Corridors and Channel; and Bill Payment Segment Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: API Market Russia, ATM Terminals Future Russia, Benefits E-Wallet Russia, Blockchain in Payment Aggregator Russia, Business Model POS Russia, Card Manufacturing Industry Russia, Card Manufacturing Russia, Cash Withdrawals Transaction Russia, Commission charges Payment Platform Russia, Commission Charges QIWI, Commission charges Yandex.Money, Commission on POS transaction Russia, Contactless Payments Threats Russia, Declining Trend ATM Terminals Russia, Digital Credit at POS, Disruptive Model POS terminal Russia, District Wise ATM Installed Russia, E-wallet operators Russia, E-Wallet Services Russia, Future Non-cash Payments Russia, Growth Rate Non-Cash Payments Russia, Integrated Merchant Websites Future, Major Players Card Manufacturing, Market share of Robokassa, Market share of Yandex.Checkout, MPOS Manufacturers Russia, MPOS number and uses Russia, Non-Cash Payments Number, Non-Cash Transaction Value Russia, Number of ATM Terminals Russia, Number of Cash Transactions Russia, Number of Credit Card Transactions Russia, Number of Credit Cards Issued Russia, Number of POS transactions Russia, Number of Self employed people Russia, Number of Transactions at ATM Russia, Operating Model Debit Cards Russia, Operating Model POS Terminal Russia, Payment Gateway Linkage Procedure, Payment Services Market in Russia, Payment Spend in Russia, POS Terminal Installed Base Russia, POS Terminals Future Russia, Potential API Market Russia, Presentation Payment Aggregator Russia, Price of Mobile POS Russia, Profitability concerns ATM Russia, Profitability POS Russia, Region wise ATM installed Russia, Revenue POS Terminals Russia, Russia Credit Card Users, Russia Debit Card Users, Russia E-Money Overview, Russia Payment Aggregator Overview, Russia Payment Services Industry Research Report, Russia Payment Services Market, Russia Payment Services Market Research Report, Type of Cardholder Russia, Use of POS by industries Russia, Value of Shadow Economy Russia, Value of Transactions at ATM Russia, White Label Scheme ATM Russia, White Label Scheme POS Russia