17:44, 20 February 2009 Page views 388 views

Instant Payments Market: Results of 2008

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National Association of Electronic Commerce Members (NAUET) summed up the results of Russian instant payments market activity in 2008. The total volume of instant payments market reached RUR536 billion in 2008 and grew by 36% in comparison with 2007. NAUET predicts that the market’s turnover will exceed RUR630 in 2009.

The total number of payment acceptance points increased by 50,000 compared with 2007 and amounted to 350,000. The sum of average payment grew to RUR100 and increased by RUR17 in comparison with 2007.

More than 5.4 billion transactions were conducted at instant payments points in 2008.

On the results of 2008, the main participants of instant payments market are:

Company Turnover in 2008 (RUR, bln) Shares (% of the total market turnover)
OSMP, retail brand QIWI ~ 175 33
CyberPlat ~ 155 29
e-port Group ~ 74< 14
Euroset ~ 53 10



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