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Share of cashless payments in Russia reaches 86%

Elvira Nabiullina emphasized that Russia had developed one of the most advanced payment systems in the world

MOSCOW, April 8. /TASS/. The share of cashless payments in Russia has now reached 86%, according to Governor of the Bank of Russia Elvira Nabiullina.

"We are seeing a significant increase in the share of cashless payments, and it now stands at just under 86%," she said.

Nabiullina emphasized that Russia has developed one of the most advanced payment systems in the world - one that has continued to function effectively despite unprecedented sanctions.

Earlier, the Bank of Russia had projected that the share of cashless payments in the country could reach 86-87% by the end of 2024. The regulator previously stated that this is among the highest levels globally.

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US informed Europe of its desire to use Russian assets as part of Ukraine settlement — WP

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Dmitry Peskov said that it is obvious

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