There are fears that the global crisis can retard integration of the Russian card market into the world market or eventually even lead to its full isolation, are they grounded? Can the concept of a state in the role of an acquiring market regulator be viable? Emphasis on VIP-clients – is it an attempt to survive or a stable trend, which originated long before the crisis? These and other questions, which today, undoubtedly, are of great interest to all the participants of the Russian industry of cashless payments, are discussed by Andrey Korolev, President of the Russian Europay Members' Association (REMA), Alexander Grizov, Publisher of PLUS Journal, and Mikhail Svishchyov, its Editor-in-chief.
Whether it is possible to assert, that
retail acquiring in Russia today, when a global economic crisis is in
full swing, holds it’s own? What challenges local market players
have already faced? Vladimir Komlev, CEO of UCS, the largest Russian
acquirer, shares his opinion on possible ways of acquiring business
development in Russia with readers of PLUS Journal.