optile’s Insider Perspective
In order to gain a deeper understanding of what payments truly are like in Russia, one must experience it. optile was lucky enough to do so firsthand. While enjoying exciting football matches, Kathrin Pamp, Senior Account Manager at optile, was positively surprised with how advanced payments in Russia are. She was able to pay contactless pretty much everywhere, whether she went for a dinner or took the metro down-town, her Rubles were kept untouched and her PINs uncompromised.
One of our Product Managers, Georgy Kopanitsa, noticed that payments in Russia are much more advanced than some EU countries: “Comparing Russia to Germany, I’d say Russia is more open in terms of adopting payment innovations. Russians show readiness, and, more importantly, willingness to use new ways of payments.”
We asked Georgy, who is from Russian descent, about his experience as an expat visiting his home country during the World Cup. “Everywhere, no matter if you’re buying a bottle of water at a street kiosk or taking a bus ride, you’ll be able to pay cashless. For example, I visited the city of Tomsk and was even able to pay by credit card for some local delicacies at a street market. Are you neither carrying cash nor your payment cards? In Russia there are retail stores that accept an online bank transfer at the point of sale. This only shows that Russians are flexible and uncomplicated when it comes to payments. “
"Russians show readiness, and, more importantly, willingness to use new ways of payments."