17 Feb 2023 10:56

Russia's share of e-payments in retail turnover could reach 80%-85% within 4-5 years - Central Bank first deputy governor

YEKATERINBURG. Feb 17 (Interfax) - Russia's share of electronic payments in retail turnover could reach 80%-85% within a four-year horizon, Central Bank First Deputy Governor Olga Skorobogatova said at the Cybersecurity in Finance forum.

"In terms of non-cash transactions in retail turnover, we should reach a figure of 80%-85% somewhere within the horizon of four to five years, as judging by our current trend," Skorobogatova said at the forum.