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E-Commerce, Payments, Finance
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The UBANK’s idea was initially born in a situation where a fast distance payment was required. Thus, the banking service was established to decide the only, yet important, task: providing the possibility for fast distance payment for multiple services, says Laura Ashizheva, general director of UBANK payment service,
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8 August 2014

Deputy Chairman of the Board Sberbank Aleksander Torbakhov considers fears of population of e-fraud are slowing the development of mobile and online-banking.
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8 August 2014

An increasing number of people are buying tickets to all events via the Internet. Today it is, mainly, concerts, shows and other entertainment events tickets. But one of the notable trends of the electronic tickets market is turning to the b2b-sector.
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6 August 2014

Futubank announced about launch of processing platform – acceptance of banking cards on sites and mobile apps. Service’s developers marked the following peculiarities: customer oriented approach and high security of data processing of transactions.
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6 August 2014

Russian Central Bank considers that salary payments only via cards are not effective enough due to the low development of infrastructure in remote regions. It was announced in PR service of the regulator.
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5 August 2014

“Yandex”, a Russian search-engine-based corporation, started sales of plastic card readers for smartphones in the end of April 2014. It allows smartphone owners turn their devices into payment terminals for online plastic card payments using “SmartFin” online payment system. A “Yandex” spokesman has reported that both business and private users can buy s reader ...
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5 August 2014

New type of lending is developing in Russia – Internet users are lending money to each other on special resources in runet – special box office. New project p2p lending is now functioning - Fingooroo. This is an internet service where not banks and special financial institutions but individuals are providing loans.
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4 August 2014

According to Group Holding PLC (TCS LI) research, based on data of Bank of Russia, market of credit cards increased in 2Q2014 for 4,4% till 1,086 trln.RUB as of 1st July 2014 (growth in 2Q213 was 11,5%)....
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1 August 2014

Sanctions which were imposed against Russia due to the situation in Ukraine can hit American companies, in particular, payment systems Visa and MasterCard. Deputy Minister of Finance USA Daniel Glaser said, “Our one sided sanctions pushed Russia to implement the idea that was discussed for a long time”. According to his words he spoke about steps that are aimed at operators of payment ...
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11 July 2014

MTS operator signed an agreement on sale of mobile apps for mobile devices based on Android, Blackberry and Symian with Opera Software, said Dmitry Solodovnikov to Itar-Tass. App Market – is where MTS subscribers will be able to download apps without limitation for 25 RUB per week....
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11 July 2014

Shared Data Bundle – new approach to tariffs on mobile access to internet will be announced next week on Russian market....
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11 July 2014

Chinese payment system UnionPay is ready to share experience on creation of national payment system. Head of Chinese company told about history of payment system creation and its modern scale, strategy on international markets of distant (cash less) payments and cooperation with other systems.
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10 July 2014

Russian authorities are decreasing requirements to Visa nad MasterCard, announced by Kommersant. Chips for plastic cards can be produced abroad. Besides, the software for payment systems can be purchased in Russian subsidiaries of foreign companies. Gleb Shuklin (Coordinator of the e-commerce commission in Russian Association of e-communications) and Chairman of Nordea bank Igor Bulancev discussed...
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10 July 2014

Russian Post launched service of instant money transfers Forsazh in CIS countries and Georgia. Transfers can be received outside Russia in local post operators and in banking spots of AKB Svyaz Bank. Forsazh spots are planned to expand till 14 thousand till the end of the year.
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9 July 2014

Pay terminal can be seen everywhere: in supermarket, bank, and shop or just on the streets. Market of instant payments is the most fast growing....
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8 July 2014

Such suggestion was made in order for Visa and Mastercard not to pay billions of security deposit.
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7 July 2014

Analytical agency Markswebb Rank & Report presented results of the third wave of regular research and rating of Russian mobile banking services rating - Mobile Banking Rank 2014. 87 mobile apps, 29 Russian banks were researched - apps for the most popular mobile platforms iPhone/iPad, Android, Windows Phone and for mobile browsers. The inspection of each mobile check was made by ch...
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3 July 2014

Users of one of the largest Chinese trade online platforms – AliExpress received an opportunity to pay for purchases via Yandex.Money wallet. Besides, it will be also possible to pay from mobile phone account and by cash via 170 thousand payments spots including communication salons and terminals Sberbank....
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1 July 2014

The Law about creation in Russia the National Payment Cards System and provision of non-stop work of international payment systems is getting into force. Now operators of payment systems don’t have the right to stop the provision of services to Russian clients one sided. The question about secure payment for Visa and MasterCard – that means level of penalty for breaking the law –...
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1 July 2014