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Share of non-cash payments in Russia to exceed 90% threshold by late 2026 or early 2027
According to Director of the National Payment System Department at the Bank of Russia Alla Bakina, the regulator does not see a clear trend towards increased use of cash
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Timeline cronologica
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Share of non-cash payments in retail turnover reaches 88.9% — Bank of Russia
According to the review, it grew by 0.9 percentage points over the quarter
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Share of non-cash payments in Russia to exceed 90% threshold by late 2026 or early 2027
According to Director of the National Payment System Department at the Bank of Russia Alla Bakina, the regulator does not see a clear trend towards increased use of cash