The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
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Learn moreNov 2020
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With cash usage in decline throughout Russia, credit cards continue to gain a growing share of consumer payments. In addition, the massive rise in e-commerce following the COVID-19 outbreak has also helped to support this trend.
Interest rate reduction is a major trend in credit cards, with the Central Bank of Russia reducing the key interest rate significantly over the review period. This lowered the price of issuing credit significantly for local banks, which were able to reduce interest rates for credit cards.
Government-owned Sberbank remains by far the leading player within credit cards in Russia in terms of both cards in circulation and transaction value. This highly recognised and trusted financial institution benefits from the largest branch network in the country and a wide portfolio of credit cards and loyalty programmes that cater to different consumer groups.
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Discover the latest market trends and uncover sources of future market growth for the Credit Card Transactions industry in Russia with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Credit Card Transactions industry in Russia, our research will save you time and money while empowering you to make informed, profitable decisions.
The Credit Card Transactions in Russia market research report includes:
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Euromonitor’s industry reports, including Credit Card Transactions in Russia, originate from our database within our Consumer Finance market share and market size database
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.