Report Published: "Credit Cards in Russia"
Throughout 2013, the movement towards non-cash transactions remained among the most prevalent trends in consumer finance in Russia. Furthermore, credit cards continued as one of the more important drivers of the growing popularity of non-cash transactions. Even though the economic situation both globally and in Russia remained relatively uncertain, consumers continued to enjoy rising wages, in line with falling unemployment, as well as rising access to credit, due to simplified conditions. The...
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