Non-cash payments reduce the average amount of the check| 30.10.2019
The savings Bank and the fiscal data operator “Platform CRF” in project “Sardunya” (the initiative of Sberbank in analysis and big data) have analyzed how the Russian business goes from
cash payments, and found an interesting paradox.
According to the “CRF Platform”, the average increase in the share of cashless transactions in the third quarter of 2019, up 5 percentage points year-on-year. The savings Bank is almost identical — 4.8 PP the Only category
where the average year-on-year fell by one PPT, were “hotels” (55% b/n in the third quarter of 2019 by 56% to the third quarter of 2018), which most likely is a temporary change.
In the segments of retail non-cash increased substantially. The figure for the category “Supermarkets”, “Supermarkets” and “convenience Stores” increased by 6-7 percentage points in comparison with 2018 Category
Clothing added 8 p. p. non-cash payments. Here is the main potential for further withdrawal of paper money, because the turnover in these categories the largest. So, it
share in the following segments:
“Clothes” — 66%
“Supermarkets” — 53%
“Hypermarkets” — 50%
“Shopping at home” — 37%.
Nevertheless, analysts have noticed an interesting feature. In some segments, is becoming more difficult to increase the share of cashless payments.
In the categories “Restaurants”, “Cafe and dining” and “electronics” from paper money entrepreneurs go slower, even though they top the list of most “non-cash” businesses. Thus, in “Restaurants”
the share of cashless trade turnover — 69% in “Electronics” — 64%, “restaurants and canteens” — 58%.
The expansion of infrastructure for the “Bank transfer” reduces the average check. According to the results of III quarter. the decline in the average payment amounted to about 3% year-on-year. The only exception is the category “Clothing” where a check in
average increased by 5%. Do not change the average check in the category of “convenience Stores”. The aggregate of the nominal amounts non-cash expenses grow on average by 14% year-on-year.
non-cash payments in Russia
Sberbank | Sberbank