The Cards and Payments Industry in Russia: Emerging Trends and Opportunities to 2020

2017-06-23
Price :
Published : Jun-2017
No. of Pages : 58
Table of Contents
1. EXECUTIVE SUMMARY 2
1.1. Market overview 2
1.2. Key facts 4
1.3. Top five industry events 5
2. PAYMENT INSTRUMENTS 11
2.1. Current payment environment 11
3. E-COMMERCE AND ALTERNATIVE PAYMENTS 13
3.1. E-commerce market analysis 13
3.2. Alternative payment solutions 15
3.2.1. Yandex.Money 15
3.2.2. PayPal 15
3.2.3. Masterpass 16
3.2.4. Samsung Pay 16
3.2.5. Apple Pay 16
3.2.6. Android Pay 16
3.2.7. Visa Qiwi Wallet 16
3.2.8. MTS Money Wallet 17
3.2.9. WebMoney 17
3.2.10. Moneta 17
4. REGULATIONS IN THE CARDS AND PAYMENTS INDUSTRY 18
4.1. Regulatory framework 18
4.1.1. Minimum authorized and equity capital requirement 18
4.1.2. Rules pertaining to foreign participation 18
4.1.3. Capital adequacy requirements 18
4.2. Anti-money laundering 19
4.3. Foreign direct investment regulations 19
5. ANALYSIS OF CARDS AND PAYMENTS INDUSTRY DRIVERS 21
6. PAYMENT CARDS 24
7. DEBIT CARDS 26
7.1. Debit card market analysis 26
7.2. Competition in the debit card market 28
7.3. Debit cards comparison 30
8. PAY-LATER CARDS 31
8.1. Pay-later card market analysis 31
8.2. Competition in the pay-later card market 33
8.3. Pay-later card comparison 35
9. PREPAID CARDS 36
10. MERCHANT ACQUIRING 38
11. APPENDIX 41
11.1. Abbreviations and acronyms 41
11.2. Supplementary data 42
11.3. Definitions 52
11.4. Methodology 54
11.5. Bibliography 56
11.6. Further reading 56

List of Tables
Table 1: Russia: key facts, 2016 4
Table 2: Regional benchmarking of payment cards, 2016 4
Table 3: Russia: mode of entry of foreign banks 20
Table 4: Russia: debit card comparison and key features, 2017 30
Table 5: Russia: gold credit card comparison and key features, 2017 35
Table 6: Russia: premium credit card comparison and key features, 2017 35
Table 7: Russia: payment instrument transaction values (RUBbn), 2012-16e 42
Table 8: Russia: payment instrument transaction values ($m), 2012-16e 42
Table 9: Russia: payment instrument transaction volumes (million), 2012-16e 42
Table 10: Russia: payment cards in circulation by type (million), 2012-20f 42
Table 11: Russia: volume of payment card transactions (million), 2012-20f 43
Table 12: Russia: value of payment card transactions (RUBbn), 2012-20f 43
Table 13: Russia: value of payment card transactions ($bn), 2012-20f 43
Table 14: Russia: debit cards in circulation (million), 2012-20f 43
Table 15: Russia: debit card transaction volumes, 2012-20f 43
Table 16: Russia: debit card transaction values (RUB), 2012-20f 44
Table 17: Russia: debit card transaction values ($), 2012-20f 44
Table 18: Russia: debit cards in circulation by scheme (million), 2012-16e 44
Table 19: Russia: debit card transaction values by scheme (RUBtn), 2012-16e 44
Table 20: Russia: debit card transaction values by scheme ($bn), 2012-16e 45
Table 21: Russia: debit card transaction values by issuer (RUBbn), 2012-16e 45
Table 22: Russia: debit card transaction values by issuer ($bn), 2012-16e 45
Table 23: Russia: pay-later cards in circulation (million), 2012-20f 46
Table 24: Russia: pay-later card transaction volumes, 2012-20f 46
Table 25: Russia: pay-later card transaction values (RUB), 2012-20f 46
Table 26: Russia: pay-later card transaction values ($), 2012-20f 46
Table 27: Russia: pay-later cards in circulation by scheme (million), 2012-16e 47
Table 28: Russia: pay-later card transaction values by scheme (RUBbn), 2012-16e 47
Table 29: Russia: pay-later card transaction values by scheme ($bn), 2012-16e 47
Table 30: Russia: pay-later card transaction values by issuer (RUBbn), 2012-16e 47
Table 31: Russia: pay-later card transaction values by issuer ($bn), 2012-16e 48
Table 32: Russia: prepaid cards in circulation (million), 2012-20f 48
Table 33: Russia: prepaid card transaction values (RUBbn), 2012-20f 48
Table 34: Russia: prepaid card transaction values ($bn), 2012-20f 48
Table 35: Russia: merchant acquiring transaction volumes (million), 2012-20f 48
Table 36: Russia: merchant acquiring transaction values (RUBbn), 2012-20f 49
Table 37: Russia: merchant acquiring transaction values ($bn), 2012-20f 49
Table 38: Russia: acquirers' transaction volumes (million), 2012-16e 49
Table 39: Russia: acquirers' transaction values (RUBbn), 2012-16e 49
Table 40: Russia: acquirers' transaction values ($bn), 2012-16e 50
Table 41: Russia: retail outlets and card-accepting merchants (000s), 2012-20f 50
Table 42: Russia: debit card average interchange fees (%), 2012-16e 50
Table 43: Russia: debit card merchant service charge and interchange fee (%), 2012-20f 50
Table 44: Russia: pay-later card average interchange fees (%), 2012-16e 50
Table 45: Russia: pay-later card merchant service charge and interchange fee (%), 2012-20f 51
Table 46: Key definitions 52

List of Figures
Figure 1: Russia: payment instrument shares by transaction value (%), 2012 vs 2016 11
Figure 2: Russia: payment instrument shares by transaction volume (%), 2012 vs 2016 12
Figure 3: Russia: e-commerce value 13
Figure 4: Russia: population and economic indicators 21
Figure 5: Russia: number of ATMs, POS terminals, and real household consumption 22
Figure 6: Russia: payment card transaction value and cards in circulation, 2012-20f 24
Figure 7: Russia: debit card penetration and turnover per card 26
Figure 8: Russia: debit card scheme and issuer transaction value share (%), 2016 28
Figure 9: Russia: pay-later card penetration and turnover per card 31
Figure 10: Russia: pay-later card scheme and issuer transaction value share (%), 2016 33
Figure 11: Russia: prepaid cards in circulation (million) and transaction value ($m), 2012-20f 36
Figure 12: Russia: merchant acquiring transaction volume and value, 2012-20f 38
Figure 13: Russia: acquirers' market share in terms of transaction volume and value (%), 2016 39
Figure 14: Russia: average merchant service charge and interchange fee (%), 2012-20f 40
Filed in: Banking & Finance
Publisher : GlobalData