4H Materials

Payment solutions in the CIS

Electronic payment systems are actively developed in CIS countries. The most popular payment solutions are bank cards, internet banking, e-wallets, and mobile commerce (m-commerce).

The list of the most popular payment methods in the CIS countries was approximately identical until recently. VISA and MasterCard were at the top among bank cards; YooMoney, QIWI Wallet, and WebMoney, as well as m-commerce (sending/receiving money using a mobile phone), stood out in the list of alternative payment methods.

Pavel Dergachev and Sophia Balashvili from 4H Agency present this review of payment solutions that are common in the CIS, and how the situation changed last year.

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