Find below the key stats for the Russian ecommerce market.
Here you can find the most popular online payment methods in Russia.
Would you like to know which Payment Service Providers can help you to accept payments online?
Start with our short list of Payment Service Providers in Russia.
Russian Rubles (RUB)
10.8 billion USD (2015 est.)
141.7 million (2020) (#9)
Credit cards (MasterCard, Visa, American Express), eWallets (Webmoney, Yandex.Money, Mail.ru, Qiwi Wallet), Internet Banking Links (Alfa Bank)
Sberbank is Russia's largest bank (55% market share). They enable their banking clients to pay online through their online bank environment. Merchant's get real-time payment confirmation and are guaranteed of payment.
Visa is one of world's best known online payment methods and largest credit card brand. Visa truly is a global payment brand with acceptance at point-of-sale and online in over 170 countries.
WebMoney Transfer, established in 1998 - is the biggest electronic payment system in Russia and CIS, with 25 million registered users and more than 20 thousand merchants.
The Apple Pay payment service allows consumers to pay contactless, in-app and on desktop through the newest Apple Macbook and iMac's. Consumers are able to securely store credit and debit card details into their Apple Pay wallet and confirm payment by simply scanning their fingerprint with Apple's Touch ID or by using Face ID.
Yandex.Money is the largest electronic payment service in Russia, offering easy, safe, and reliable methods of paying and accepting payments online from bank cards, e-wallets, mobile phone balances, and in cash via payment kiosks.
Over 26.369 online businesses used our platform since we started ABOUT-PAYMENTS.com back in 2012. Due to the growing number of Payment Service Providers and gateways worldwide, it has become difficult for you as a merchant, business or developer to choose the right one to process your payments. ABOUT-PAYMENTS.com simplifies this selection process considerably and makes life easier.
We are your free guide.
Find the right payment service provider for your business.