Share-based payment services in Russia have increased their turnover to 300 billion rubles

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Share-based payment services in Russia have increased their turnover to 300 billion rubles
January 17th. /MEDIA TALK/. According to T-bank's Shares service, the volume of the Russian installment payment services (BNPL services) market increased by 60% in 2024 compared to 2023, from 180 billion to 300 billion rubles. Vedomosti writes about this today.


Photo: ru.freepik.com

This is the result of all operations performed using the services "Shares", "Split" from Yandex, "Podeli" from Alfa-Bank, "Parts" from Wildberries and others. The growth is associated with an increase in partner outlets of installment services. Experts also believe that e-commerce platforms have made a significant contribution to the development of the market in 2024.

One of the unfavorable circumstances for the further development of the payment instrument may be the adoption of the draft law "On the activities of the installment service". It contains a proposal to oblige installment payment services to provide information about the client to the credit history bureau if the total amount of the client's debts to the platform exceeds 15 thousand rubles.

We recently wrote that the law on the "cooling-off period" for lending was adopted by the State Duma in the first reading.
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