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.

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.