Interview of Oksana Korobkina from Yandex.Money on Decoding the Dynamics of Russia Payment Services Industry: Ken Research Oksana Korobkina, CCO at Yandex.Money tells Lakshay Aggarwal from Ken Research that The infrastructure for non-cash payments is rapidly developing in Russia and POS-infrastructure is now savvier in Russia than it is in Europe or the USA. Yandex.Money is the market leader in the Russia Payments Industry. What were the success factors throughout the journey,… Read More »
Surge in Consumer Preferences for Non-Cash Payments Expected to Drive Russia Payment Services Market over the Forecast Period: Ken Research 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… Read More »
Russia Payment Services Market Research Report to 2025: Ken Research 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 Payment Services infrastructure and… Read More »
With Around 80.0% of Total Money In Circulation Being Non-Cash, Alternative Payment Methods are Expected To Open New Horizons In Russia Payment Services Market: Ken Research “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… Read More »
Russia Payment Services Market Outlook to 2025: Ken Research The report titled “Russia Payment Services Market Outlook to 2025- Breaking New Grounds through Alternative Payment Systems such as Contactless Payments albeit Challenging Profitability of Incumbent Firms)” provides in-depth analysis of the Russia Payment system including cash and non-cash payments, issuing side of the non-cash payments including payment cards, e-money and the acquiring side entailing… Read More »
