Emerging Opportunities in the Russia Cards and PaymentsMarket: Market Size, Trends and Drivers, Strategies, Productsand Co...
This report provides a comprehensive analysis of Russias cards and payments market.•It provides current values for Russias...
3.1.1 Near Field Communication (NFC)3.1.2 Technically advanced security measures3.1.3 Internet and Mobile Penetration3.1.4...
5.4 Credit Cards Market Share5.4.1 By Bank5.4.2 By Scheme5.5 Charge Cards Market Share5.5.1 By Card Type6 Strategies Adopt...
8.2 Alfa-Bank8.2.1 Strategies8.2.2 Credit card offered8.2.3 Debit card offered8.2.4 Prepaid card offered8.2.5 Financial pe...
Table 14: Russian Credit Card Industry Market Size by Transaction Value (US$ Million),2007–2016Table 15: Russian Credit Ca...
Figure 12: Tourist Volume in Russia (Million), 2007–2016Figure 13: Russia Annual Per Capita Disposable Income (RUB) 2007–2...
Figure 53: Russian Credit Card Industry Market Size by Volume (Thousands), 2007–2016Figure 54: Russian Credit Card Industr...
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Emerging Opportunities in the Russia Cards and Payments Market: Market Size, Trends and Drivers, Strategies, Products and Competitive Landscape

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Emerging Opportunities in the Russia Cards and Payments Market: Market Size, Trends and Drivers, Strategies, Products and Competitive Landscape

  1. 1. Emerging Opportunities in the Russia Cards and PaymentsMarket: Market Size, Trends and Drivers, Strategies, Productsand Competitive LandscapeReport Details:Published:November 2012No. of Pages: 111Price: Single User License – US$4495SynopsisThe report provides market analysis, information and insights into Russias cards and paymentsmarket, including:•Current and forecast values for each segment of the Russian cards and payment market including debit cards, credit cards, prepaid cards and charge cards.•Comprehensive analysis of the industry’s market attractiveness and future growth areas.•Analysis of various market drivers and regulations governing Russias cards and payment market.•Detailed analysis of the marketing strategies adopted for selling prepaid cards used by various bankers and other institutions in the market.•Comprehensive analysis of consumer attitudes and their buying preferences for cards.•Competitive landscape of Russias cards and payments market.Executive summaryThe Russian cards and payments market demonstrated significant growth during the review period(2007–2011). The market in volume terms grew at a compound annual growth rate (CAGR) of17.9% to reach 200.2 million cards in 2011. Key growth drivers include increased annualdisposable income, the development of online shopping, investment in the banking infrastructureand raised consumer awareness about the benefits of using payment cards. The market size interms of volume is expected to grow at a CAGR of 5.4% over the forecast period (2012–2016), toreach 266.5 million in 2016. In 2010, the Bank of Russia continued its work with credit institutionsand other organizations that operate payment systems and provide payment infrastructureservices, with a view to developing the national system in line with international standards. Theprimary objective of the Bank of Russia is to develop and improve its payment system to minimizeassociated risks whilst ensuring its efficient and smooth operation. As part of a new nationalpayment system, the Ministry for Economic Development has approved a plan to launch theUniversal Electronic Card (UEC) for all citizens in Russia.Scope
  2. 2. This report provides a comprehensive analysis of Russias cards and payments market.•It provides current values for Russias cards and payments market for 2011 and forecast figures for 2016.•It details the different macroeconomic, infrastructural, consumer and business drivers affecting Russias cards and payments industry.•It outlines the current regulatory framework in the industry.•It details the marketing strategies used by various bankers and other institutions.•It profiles the major banks in Russias cards and payments market.Key highlights•The Russian cards and payments market demonstrated significant growth during the review period (2007–2011). The market in volume terms grew at a compound annual growth rate (CAGR) of 17.9% to reach 200.2 million cards in 2011.•As a part of a new national payment system, the Ministry for Economic Development has approved a plan to launch the Universal Electronic Card (UEC) for all citizens in Russia. The UEC is intended to eventually replace all local, regional, and national forms of ID, and will serve as a combination electronic ID, drivers license, car insurance certificate, bank card and migration document, among other possible functions.•Russian banks have expanded their infrastructure networks of Automatic Teller Machines (ATMs) during the review period in order to develop business throughout the country.•With competitive pressures in the Russian cards and payments market, banks and issuers are investing heavily in marketing and pricing strategies with the aim of attracting larger customer bases. Some incentives offered by banks include: discounts in retail outlets and restaurants, rewards points, increasing daily limits for cash withdrawals and insurance coverage.Reasons to buy•Make strategic business decisions using historic and forecast market data related to Russias cards and payments market and each market within it.•Understand the key market trends and growth opportunities within Russias cards and payments market.•Assess the competitive dynamics in Russias cards and payments market.•Gain insights into the marketing strategies used for selling various types of cards in Russia.•Gain insights into key regulations governing Russias cards and payment market.Get your copy of this report @http://www.reportsnreports.com/reports/204164-emerging-opportunities-in-the-russia-cards-and-payments-market-market-size-trends-and-drivers-strategies-products-and-competitive-landscape.htmlMajor points covered in Table of Contents of this report includeTable of Contents1 Executive Summary2 Market Attractiveness and Future Prospects of Cards and Payments Industry3 Analysis of Cards and Payments Market Drivers3.1 Infrastructure Drivers
  3. 3. 3.1.1 Near Field Communication (NFC)3.1.2 Technically advanced security measures3.1.3 Internet and Mobile Penetration3.1.4 Growing number of ATMs3.1.5 Increasing number of POSs3.2 Business Drivers3.2.1 Growing Russian retail industry3.2.2 Lower penetration of credit cards3.2.3 Increasing competition3.2.4 Increasing volume of tourists3.2.5 Favorable government policies for prepaid cards3.3 Consumer Drivers3.3.1 Per capita annual disposable income3.3.2 Urban vs. rural population3.3.3 Larger working population3.3.4 Increasing number of benefit cards3.3.5 Changing consumer lifestyle and spending pattern3.4 Card Fraud Statistics3.4.1 By channel3.5 Regulatory Framework4 Emerging Consumer Attitudes and Trends4.1 Market Segmentation and Targeting4.1.1 Retail Customers4.1.2 Corporate customers4.2 Consumer Preference – Price, Convenience, and Services4.2.1 Price4.2.2 Services4.2.3 Convenience4.3 Online Buying Behaviour4.4 Preferred Payment Methods5 Competitive Landscape and Industry Dynamics5.1 Market Share Analysis by Payment Channels5.1.1 Overview of payment channels5.1.2 Cash5.1.3 Credit transfer5.1.4 Cards5.1.5 Direct debit5.1.6 Checks5.2 Debit Cards Market Share5.2.1 By Bank5.2.2 By Scheme5.3 Prepaid Cards Market Share
  4. 4. 5.4 Credit Cards Market Share5.4.1 By Bank5.4.2 By Scheme5.5 Charge Cards Market Share5.5.1 By Card Type6 Strategies Adopted by Key Players6.1 Market Entry Strategies6.2 Marketing / Product Strategy6.2.1 Debit cards6.2.2 Credit cards6.2.3 Prepaid cards6.3 Pricing Strategies7 Market Size and Growth Potential of Cards and Payments Industry7.1 Market Share Analysis by Type of Card7.2 Total Market Size and Forecast of Card Industry7.2.1 Analysis by number of cards7.2.2 Analysis by transaction value7.2.3 Analysis by transaction volume7.3 Credit Card Market Size and Forecast7.3.1 Analysis by number of cards7.3.2 Analysis by transaction value7.3.3 Analysis by transaction volume7.3.4 Other key performance indicators7.4 Debit Card Market Size and Forecast7.4.1 Analysis by number of cards7.4.2 Analysis by transaction value7.4.3 Analysis by transaction volume7.4.4 Other key performance indicators7.5 Prepaid Card Market Size and Forecast7.5.1 Analysis by number of cards7.5.2 Analysis by segments – open loop cards and closed loop cards7.5.3 Analysis by transaction value7.6 Charge Card Market Size and Forecast7.6.1 Analysis by number of cards7.6.2 Analysis by transaction value7.6.3 Analysis by transaction volume8 Company Profiles, Product, and Marketing Strategies8.1 Sberbank of Russia8.1.1 Strategies8.1.2 Credit card offered8.1.3 Debit cards offered8.1.4 Financial performance
  5. 5. 8.2 Alfa-Bank8.2.1 Strategies8.2.2 Credit card offered8.2.3 Debit card offered8.2.4 Prepaid card offered8.2.5 Financial performance8.3 VTB 24 (JSC)8.3.1 Strategies8.3.2 Credit card offered8.3.3 Debit card offered8.3.4 Financial performance8.4 Vozrozhdenie Bank8.4.1 Strategies8.4.2 Credit card offered8.4.3 Debit card offered8.4.4 Financial performance8.5 Tinkoff Credit Systems8.5.1 Strategies8.5.2 Credit card offered9 Appendix9.1 Methodology9.2 Definitions9.3 Contact Us9.4 About Timetric9.4.1 Our Approach9.5 Services9.6 DisclaimerList of TablesTable 1: Russian Retail Industry (RUB Billion), 2007–2011Table 2: Russian Retail Industry (RUB Billion), 2012–2016Table 3: Russian Retail Industry (US$ Billion), 2007–2011Table 4: Russian Retail Industry (US$ Billion), 2012–2016Table 5: Payment Channels in Russia (RUB Million), 2007 and 2011Table 6: Market Entry Strategy of Foreign Banks in RussiaTable 7: Bank’s Credit Card Product Portfolio (In Thousands), 2007–2011Table 8: Russian Cards Market Size by Volume (Thousands), 2007–2016Table 9: Russian Cards Market Size by Transaction Value (RUB Million), 2007–2016Table 10: Russian Cards Market Size by Transaction Value (US$ Million), 2007–2016Table 11: Russian Cards Market Size by Transaction Volume (Million), 2007–2016Table 12: Russian Credit Card Industry Market Size by Volume (Thousands), 2007–2016Table 13: Russian Credit Card Industry Market Size by Transaction Value (RUB Million),2007–2016
  6. 6. Table 14: Russian Credit Card Industry Market Size by Transaction Value (US$ Million),2007–2016Table 15: Russian Credit Card Category Market Size by Transaction Volume (Million), 2007–2016Table 16: Russian Credit Card Industry Market Size by Frequency of Use(Transactions/Card/Year),Table 17: Russian Credit Card Industry Market Size by Average Transaction Value (RUB),2007–2016Table 18: Russian Credit Card Industry Market Size by Average Transaction Value (US$),2007–2016Table 19: Russian Debit Card Industry Market Size (Thousands), 2007–2016Table 20: Russian Debit Card Industry Market Size (RUB Million), 2007–2016Table 21: Russian Debit Card Industry Market Size (US$ Million), 2007–2016Table 22: Russian Debit Card Industry Market Size by Transaction Volume (Million), 2007–2016Table 23: Russian Debit Card Industry Market Size by Frequency of Use (Transaction/Card/Year),2007–Table 24: Russian Prepaid Card Industry Market Size (Thousands), 2007–2016Table 25:Russian Open-Loop Prepaid Cards Industry Market Size (Thousands), 2007–2016Table 26: Russian Closed-Loop Prepaid Cards Industry Market Size (Thousands), 2007–2016Table 27: Russian Prepaid Cards Industry Market Size (RUB Million), 2007–2016Table 28: Russian Prepaid Cards Industry Market Size (US$ Million), 2007–2016Table 29: Russian Charge Card Industry Market Size (Thousands), 2007–2016Table 30: Russian Charge Card Industry Market Size (RUB Million), 2007–2016Table 31: Russian Charge Card Industry Market Size (US$ Million), 2007–2016Table 32: Russian Charge Card Industry Market Size by Transaction Volume (Million), 2007–2016Table 33: Sberbank of Russia Financial Position, Fiscal Year Ending December 2011 (RUBBillion)Table 34: Alfa-Bank Financial Position (US$ Billion)Table 35: VTB Group Financial Position (RUB Billion)Table 36: Vozrozhdenie Bank Financial Position (RUB Billion)Table 37: Cards and Payments Key DefinitionsList of FiguresFigure 1: Growth Potential of The Russian Cards And Payments Market by Area of UsageFigure 2: Number of Credit Cards Issued By Banks (Thousand), 2007–2011Figure 3: Russian Cards and Payments Market DriversFigure 4: Internet Penetration in Russia (%), 2007–2011Figure 5: Mobile Internet Penetration in Russia (%), 2007–2011Figure 6: Smart Phone Users in Russia (Million), 2009 and 2011Figure 7: Number of ATMs in Russia (Thousand), 2007–2016Figure 8: Number of POSs in Russia (Thousand), 2007–2016Figure 9: Russian Retail Industry (RUB Billion), 2007–2016Figure 10: Credit Card Per Person in BRIC Countries, 2011Figure 11: Number of Foreign Banks Operating in Russia, 2007– 2011
  7. 7. Figure 12: Tourist Volume in Russia (Million), 2007–2016Figure 13: Russia Annual Per Capita Disposable Income (RUB) 2007–2011Figure 14: Russian Urban and Rural Population (%), 2007–2011Figure 15: Russian Population Distribution by Age Group (%), 2007–2011Figure 16: Card Fraud Statistics By Region (US$ Million), 2007–2011Figure 17: Russian Card Fraud Statistics By Channel (RUB Million), 2007–2011Figure 18: Russian Cards and payments Market Segmentation by Card TypeFigure 19: Russian Population Segmentation (%), 2011Figure 20: Russian Male and Female Population, 2007–2011Figure 21: Cards for Premium Customers in RussiaFigure 22: Cards For Travelers in RussiaFigure 23: Corporate Cards in RussiaFigure 24: Consumer Preferences on Various Types of CardsFigure 25: Online Buying Trends and ForecastFigure 26: Online Buying Trends and Forecast by Gender, 2011Figure 27: Payment Methods Used by Russian Online Consumers – 2011Figure 28: Payment Channels in Russia (RUB Billion), 2007Figure 29: Payment Channels in Russia (RUB Billion), 2011Figure 30: Value and Growth of Cash-Based Transactions in Russia (RUB Million), 2007- 2011Figure 31: Value and Growth of Credit Transfers in Russia (RUB Million), 2007- 2011Figure 32: Credit Transfers in Volume Terms in Russia (%), 2010Figure 33: Value and Growth of Card Payments in Russia (RUB Million), 2007–2011Figure 34: Card Market – Share of Different Card Types by Volume in Russia (%), 2011Figure 35: Value and Growth of Direct Debit Transactions in Russia (RUB Million), 2007–2011Figure 36: Value and Growth of Check-Based Transactions in Russia (RUB Million), 2007- 2011Figure 37: Debit Card Market Share by Banks in Russia (%), 2011Figure 38: Debit Card Market Share by Schemes in Russia (%), 2011Figure 39: Prepaid Card Market Share in Russia (%), 2011Figure 40: Credit Card Market Share by Banks in Russia (%), 2011Figure 41: Credit Card Market Share by Banks in Russia (%), 2011Figure 42: Charge Card Market Share by Schemes in Russia (%), 2011Figure 43: Marketing/Product Strategies Based on Card TypeFigure 44: Russian Cards and Payments Market, Number of Debit Card Offered (Million),2007–2016Figure 45: Bank’s Credit Card Product Portfolio (In Thousands), 2007–2011Figure 46: Co-branded Cards From BanksFigure 47: Credit Card Pricing Strategies of Various Service ProvidersFigure 48: Russian Card Industry by Type of Cards (%), 2007–2016Figure 49: Russian Card Industry Market Size by Volume (Thousands), 2007–2016Figure 50: Russian Card Industry Market Size by Transaction Value (RUB Million), 2007–2016Figure 51: Russian Card Industry Market Size by Transaction Volume (Million), 2007–2016Figure 52: BRIC Countries Credit Card Per Person, 2011
  8. 8. Figure 53: Russian Credit Card Industry Market Size by Volume (Thousands), 2007–2016Figure 54: Russian Credit Card Industry Market Size by Transaction Value (RUB Million),2007–2016Figure 55: Russian Credit Card Industry Market Size by Transaction Volume (Million), 2007–2016Figure 56: Russian Credit Card Industry Market Size by Frequency of Use(Transactions/Card/Year), 2007–2016Figure 57: Russian Credit Card Industry Market Size by Average Transaction Value (RUB),2007–2016Figure 58: Russian Debit Card Industry Market Size (Thousands), 2007–2016Figure 59: Russian Debit Card Industry Market Size (RUB Million), 2007–2016Figure 60: Russian Debit Card Industry Market Size by Transaction Volume (Million), 2007–2016Figure 61: Russian Debit Card Industry Market Size by Frequency of Use(Transactions/Card/Year), 2007–2016Figure 62: Debit Card Usage ATM and POS (Thousands), 2007–2016Figure 63: Russian Prepaid Card Industry Market Size (Thousands), 2007–2016Figure 64: Russian Open Loop Prepaid Card Industry Market Size (Thousands), 2007–2016Figure 65: Russian Close Loop Prepaid Card Industry Market Size (Thousands), 2007–2016Figure 66: Russian Prepaid Card Industry Market Size (RUB Million), 2007–2016Figure 67: Russian Charge Card Industry Market Size (Thousands), 2007–2016Figure 68: Russian Charge Card Industry Market Size (RUB Million), 2007–2016Figure 69: Russian Charge Card Industry Market Size by Transaction Volume (Million),2007–2016Figure 70: Sberbank Market Segmentation of Cards OfferedFigure 71: Sberbank Grace Period Offer for Credit Card UsersFigure 72: Alfa-Bank Market Segmentation of Cards OfferedFigure 73: VTB 24 (JSC) Market Segmentation of Cards OfferedFigure 74: VTB 24 (JSC) Partner BanksFigure 75: Vozrozhdenie Bank Market Segmentation of Cards OfferedFigure 76: TCS Market Segmentation of Cards OfferedContact: sales@reportsandreports.com for more information.

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