Nabiullina announced an increase in the share of non-cash payments in Russia to 80%
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In Russia, the share of non-cash payments has exceeded more than 80%, while 10 years ago the figure was 25%, said the Chairman of the Bank of Russia, Elvira Nabiullina, at the Knowledge Society marathon as part of the Russia exhibition and forum.
“One of the indicators of the “advancement” of the financial system is the share of non-cash payments. Now we have almost the share of non-cash payments – more than 80%,” – said she (quote from TASS).
According to research on the payment behavior of Russians in relation to cash, the results of which were presented in July, Russia is one of the three leading countries in terms of the share of users of non-cash payment for goods and services. 71% of Russians prefer to pay by non-cash methods, while the share of adherents of cash payment is almost 2.5 times less and amounts to 29%, the study said.
Central Bank earlier reported about the increase in the share of those who prefer to store savings on bank deposits – from 24% in 2021 to 38% in 2022. According to the regulator, 37% of Russians use a debit card to store savings (22% a year earlier). 36% of Russians surveyed by the Central Bank keep their savings in cash.
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