Market of E-commerce and Payment Systems in 2018: Rapid Growth

Aleksandra G. Polyakova – Leading Researcher of the Russian Presidential Academy of National Economy and Public Administration, Doctor of Economic Sciences, Professor (Moscow, Russia). E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

In 2018, the Russian segment of e-commerce was growing on the back of domestic sales and imports. A factor of growth is the development of payment systems with banking cards becoming an integral part of the everyday life of the Russians. At the same time, there is still a considerable interregional differentiation of the role and place of non-cash settlements in servicing of the retail trade.

Key words: online trade, payment systems, bank cards, bank transfers, retail trade turnover.