Introduction
Payment Cards in Russia is an invaluable guide to Eastern Europe' s quickest
growing payment card market. Created using a combination of secondary and
primary research, this report provides statistics on market size, market
shares and card acceptance. It provides an overview of regulation, competitor
activities and product innovation. It concludes with market forecasts and a
SWOT analysis.
Scope
- The focus of the report is on consumer payment cards, as opposed to
commercial products
- Data and analysis provided on debit cards, credit cards and deferred debit
and charge cards.
- The report parameters extend to issuance only. Merchant acquiring and card
processing are not covered.
- Historic market data is presented from 2001 to 2005, with forecast data
presented to 2010. Competitor market shares are presented for 2005.
Report Highlights
Russia has the largest general purpose card market in Central and Eastern
Europe. Over 2001-2005 the number of cards has increased at an average annual
rate of 129.4 per cent. Pay now cards are the dominant payment card type and
primarily consist of salary payment cards issued as part of salary payment
projects.
The most significant trend in recent years in the payment card market in
Russia has been a rapid growth in revolving credit. In particular, in January
2005 Russian Standard Bank, commenced its MasterCard International project,
which saw issuance of 6.5 million revolving credit cards by the end of 2005.
The Russian retail banking market is highly fragmented with Sberbank, a
Russian state-owned bank and a pay now card issuer, accounting for the lion' s
share of the market.
Reasons to Purchase
- Learn how the Russian consumer payment card market has developed between
2001 and 2005.
- Understand recent developments in the market in terms of consolidation,
new entrants and product innovations.
- Find out Datamonitor' s opinion on the future growth rate of the Hungarian
payment card markets including debit, credit, deferred debit and charge.