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Payment Card Year Book - Russia 2018/2019

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    Report

  • January 2019
  • Region: Russia
  • Payments Cards and Mobile
  • ID: 4833065

Payment Organisation


  • National Payments Council Association.
  • National Payment Card System (NCPS).

Domestic Card Brand


  • MIR cards, also co-badged Mastercard, VISA, JCB, or UnionPay. Zolotaya Korona “Golden Crown” cards Universal Electronic Card (UEC) as electronic ID-cards.

Market Structure


  • Most cards are issued under ‘payroll schemes’ and are primarily used for cash withdrawals, though POS payments are growing rapidly year by year. Credit card issuance has increased as well.
  • In 2016, the Russian banks started the domestic MIR card payments system, designed to take on VISA and Mastercard.
  • Sberbank, the Savings Bank of the Russian Federation, dominates the retail banking market, followed by VTB Bank.
  • Alfa-Bank is the biggest private bank.
  • Société Générale (Rosbank), UniCredit and Raiffeisen have the biggest western-owned networks.
  • Mobile wallet apps are offered by all leading Russian banks.
  • The state, CBR and Russian banks set up a FinTech Association for the development and introduction of digital technological solutions.

Notable Market Trends


  • Contactless rollout: MIR cards, POS terminals, HCE NFC pilots, money transfer card-to-card at ATMs, ‘Giant’ Pays, Huawei Pay.

Statistical Key Figures for 2017 provided in this profile:


  • UPDATED: tables with card business data 2013-2017; growth rates: Y-o-Y, CAGR
  • Population, Cards per Capita, Card Value per Capita
  • Debit Cards, Credit/Delayed Debit Cards, Total Cards
  • Card payments by number and by value, ATV per card, payments per card/year
  • ATMs, POS terminals, ATMs/POS terminals per 1 million capita
  • ATM withdrawals by number/by value, ATV per withdrawal, TXs per ATM/month
  • POS payments by number/by value, ATV per POS payment, TXs per POS/month
  • Internet Use, e-payment mix, B2C e-Commerce by value and growth rate
  • Issued Card brands by the individual major issuer bank
  • Accepted card brands by the individual major acquirer
  • Drill down into the debit card use and credit cards use details

Companies Mentioned

  • Alfa-Bank
  • JCB
  • Mastercard
  • MIR cards
  • National Payments Council Association.
  • Raiffeisen
  • Sberbank
  • Société Générale (Rosbank)
  • UniCredit
  • UnionPay
  • VISA
  • VTB Bank
  • Zolotaya Korona

Methodology

The publisher's research is collated over a year from Primary sources across all European and Eurasian markets. They use the ECB, BIS as well as annual reports from the European banks and listed companies, consulting platforms and major accounting firms along with a combined 100 years of experience in the payments industry analysing and commenting on the data.

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