From bank cards to e-wallets: How new legislation is changing the Russian e-payment scene

Since 2013, the Russian legislation on electronic payments has undergone several changes, in parallel with the development of a national payment platform. This article reviews the most significant developments as far as international players are concerned. E-wallets and prepaid cards In 2011, the law on payment systems changed Russia’s e-payments scene dramatically, with all e-wallet issuers and …

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