Non-cash payments in Russia became much more popular
The popularity of bank cards in Russia is growing
Russians began to use bank cards more often and withdraw less cash
According to Bank of Russia, Russians are less likely to withdraw cash from bank cards and started to use these cards to pay for all kinds of goods and services more often. In total, at the end of September 2017, 265 million payment cards were issued in Russia, and 150 million of it were "active" - that is, at least one operation was performed with its use.
And for the first nine months of 2017, individuals withdrew from the cards 18.7 trillion rubles. While in the same period of 2016 this amount exceeded 19 trillion. The same trend is observed in the first half of the year: in 2016 for the first six months of the year, 12.2 trillion rubles were withdrawn from cards, and in 2017 - 142 billion rubles less.
At the same time, the number and total amount of non-cash card transactions continue to grow steadily. For three quarters of 2017, Russians used cards almost 13 billion times in the trade and service network, and that made a total of 11.4 trillion rubles. The average check was 891 rubles.
There is also an increase in operations, not related to the payment of goods, works and services. For example, transfers from card to card. The number of such transactions for the reported period has almost doubled - 1.8 billion transactions worth 12.6 trillion rubles.
If your employees, customers or partners use bank cards, Win Pay will help you to simplify this process as much as possible. Our company makes payments to individuals on behalf of legal entities for VISA or MasterCard bank cards issued by any bank in the world (in Russia, work is also being done with Mir cards).
In addition, Win Pay is ready to help your company to accept bank cards. Acquiring is undoubtedly one of the most convenient - and therefore the most popular! - ways to get paid for their services. Win Pay cooperates with the most serious companies on the market, ensuring the highest speed and security of payments.