Share of active cards increase from 50 to 70 per cent in five years
19 March 2020
News
According to the Bank of Russia, the number of active cards of Russian banks that were used for at least one transaction in 2019 was close to 200 million, with payments for goods and services accounting for the absolute majority of transactions.
Over the past year, Russian citizens made a total of more than 42 billion card transactions. At the same time, cashless card transactions (payments for purchases and services, as well as transfer of funds to each other) accounted for 93% of the total number of card transactions — a
Preview photo: Syda Productions / Shutterstock / Fotodom