Share of cashless payments in Russia hits 88 pct in 2025

Alsharq Tribune-M.Essam 

The share of cashless payments in Russia reached 88 percent at the end of 2025, Bank of Russia's director of the National Payment System Department Alla Bakina said Thursday.

She noted earlier in an interview with TASS that the share of cashless payments in Russia will continue to grow and is expected to exceed 90 percent by 2030.

Bakina also pointed out that the figure had stood at below 20 percent back in 2013-2014.