Share of Cashless Payments in Russia Reaches 88 Percent by End of 2025
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Reported Facts
Observable data points shared across all narratives
- •The Central Bank of Russia reported the 88% share of cashless payments as of late 2025.
- •Companies will be able to make payments in digital rubles via a new registry system announced by the Central Bank.
- •Fraudsters have increasingly exploited the Faster Payments System instead of traditional bank cards since early 2026.
- •The Faster Payments System is becoming a preferred channel for transactions, contributing to the rise in cashless payments.
- •The Central Bank has publicly acknowledged the growing fraud risks associated with the Faster Payments System.
What Could Happen If...
- ▸If the Central Bank implements stricter security measures for the Faster Payments System fraud risks could decrease, improving trust among consumers and businesses in digital payment methods.
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