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Study shows more Russians using debit cards

Withdrawal of Visa and MasterCard international payment systems has not affected plans of new debit cards issue, Home Credit Bank said in its research

MOSCOW, March 25. /TASS/. The share of Russians using debit cards gained 6 percentage points over the fortnight to 65%, Home Credit Bank said in its research.

"The share of individuals using debit cards continues growing: 65% against 61% a week earlier and 59% - two weeks earlier. Withdrawal of Visa and MasterCard international payment systems has not affected plans of new debit cards issue. As before, 14-15% of polled persons intend to open new cards. There are more men than women among those planned to have a debit card issued (19% against 11%)," the study says.

Higher demand for Mir and Union Pay payment cards has become an expectable response to developments, the Bank said. The share of individuals desirous to open the Mir card moved up from 72% to 80% over the past period (from 14% to 23% for Union Pay in two weeks).

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