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Dynamics of the Russian Segment of E-Commerce and E-Payments

Aleksandra Polyakova – Leading Research fellow of the Living and Social Protection Research Department, Institute for Social Analysis and Forecasting, Russian Presidential Academy of National Economy and Public Administration, Doctor of Economic Sciences, Professor. E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.  

The development of e-commerce which is growing in Russia at a high rate modifies the model of consumption and leads to a reduction of the buyer’s transaction costs owing to a less amount of time spent on purchasing of goods and price cuts.

Key words: e-commerce, e-payments, online sales, offline sales and bank card.