Seize Russias High Spending Clothing Market, Merchant Need a Gateway                             About half of all clothes...
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Russia's high spending clothing imports need a gateway

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Russia's high spending clothing imports need a gateway

  1. 1. Seize Russias High Spending Clothing Market, Merchant Need a Gateway About half of all clothes and shoes bought in Russia are bought on internet, according to Russias statistical agency. As of 1 October, there were almost 3,500 retail markets in Russia, of which 73% were selling virtually anything that money can buy, whilst about 10% were specializing in selling clothes and other merchandise. Unsurprisingly, the main reason why many Russian buyclothes online, rather than in shops, is the question of price.A pensioner visiting an online market in the Russian city of Volgograd told the Reportthat online market prices were lower in general, plus you could always try to knockthem down even further. A young woman said that usually the market got new stockcoming in more often than most shops, while the quality of clothes was "almost thesame”. For one middle-aged lady it was not about the price. She said she came to themarket often to find clothes for her child, which she could not find in shops. “Youcould find some quality stuff here as well," she said.The same with Russia, china also has a lot of merchants who have high quality clothand can’t find a market to sell. The prosperous Russia market has provided them witha good choice. Among the obstacles lay ahead, the payment gateway solution in oneof the biggest ones. By establishing a local payment gateway in Russia; GlobeBill caneffectively help the foreign investments solve the problems of operating difficulty.As a representative of GlobeBill, Lin said that the number of Chinese third-partypayment companies involving in Russian Foreign Trade receivables were very limitedwhich has caused a lot of obstacles when foreign power want to enter the Russianmarket. The payment gateway will be able to provide both Russian and Chinesemerchants a professional payment solution in Russian local business.

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