Finance and Credit

Abstracting and Indexing

Referativny Zhurnal VINITI RAS
LCCN Permalink
Google Scholar

Online available



Cyberleninka (12 month OA embargo)

Bank plastic cards in Russia: Problems and development prospects

Vol. 25, Iss. 12, DECEMBER 2019

Received: 18 June 2019

Received in revised form: 14 November 2019

Accepted: 28 November 2019

Available online: 25 December 2019

Subject Heading: Banking

JEL Classification: G21, G28

Pages: 2786–2803

Borisov A.V. Kuban State University (KubSU), Krasnodar, Russian Federation

ORCID id: not available

Ryndina I.V. Kuban State University (KubSU), Krasnodar, Russian Federation

ORCID id: not available

Subject We consider the significance and impact of bank plastic cards on the national payment system of Russia, as well as the main problems of using bank cards by the population of the country. The article includes data that determine the degree of development of such a sphere as retail payments using plastic cards, and discusses the main trends in promoting and improving this business area. This solves the problem of adapting the domestic payment system to modern realities and external challenges.
Objectives The aim is to investigate and analyze the current status of the bank card market and predict its development in Russia.
Methods The study draws on methods of statistical analysis, regression, and forecasting.
Results We reveal a regular and permanent increase in the number of issued and applied bank cards; identified a set of factors and their impact on this increase. Using these factors, we forecast further changes in the issue of payment cards in the future.
Conclusions The paper identifies the main factors affecting the level of development of the domestic card market for cashless payments at various levels: from the client to the State.

Keywords: bank card, plastic card, issue a card


  1. Semenyuta O.G., Donchenko I.V. [The strategy of promoting the national payment system: Problems and their solutions]. Finansovye issledovaniya = Financial Studies, 2015, no. 3, pp. 66–73. URL: Link (In Russ.)
  2. Berezina M.P. [Topical Issues Pertaining to the Establishment and Evolution of the National Payment System in Russia]. Den'gi i kredit = Money and Credit, 2015, no. 11, pp. 19–25. URL: Link (In Russ.)
  3. Sultanova N.A. [Using a bank card in banking system]. Nauchno-metodicheskii elektronnyi zhurnal Kontsept, 2015, no. 8, pp. 96–100. (In Russ.) URL: Link
  4. Kadnikova O.V., Nechaeva I.V. [The history of the emergence of plastic cards]. Integratsiya nauk = Integration of Sciences, 2017, no. 6, pp. 54–56. (In Russ.)
  5. Kir'yanov M.A. [The market of bank cards: Problems and prospects]. Bankovskoe delo = Banking, 2008, no. 11, pp. 94–96. (In Russ.)
  6. Ermolenko O.M., Strogonova E.I. [Current trends in increasing the innovation activity of commercial banks against the background of the financial crisis effects]. Konkurentosposobnost' v global'nom mire: ekonomika, nauka, tekhnologii = Competitiveness in the Global World: Economics, Science, Technology, 2017, no. 11, pp. 446–448. (In Russ.)
  7. Kushu S.O. [Specifics of cashless payments in modern society]. Nauchnyi vestnik Yuzhnogo instituta menedzhmenta = Scientific Bulletin of Southern Institute of Management, 2016, no. 3, pp. 42–44. (In Russ.) URL: Link
  8. Frolov A.L. [Russian market of payment cards: Issues and prospects]. Fundamental'nye issledovaniya = Fundamental Research, 2016, no. 12-2, pp. 464–469. URL: Link (In Russ.)
  9. Vsyakikh Yu.V., Zvoleiko A.O. [The market of bank plastic cards: Problems and development prospects]. Innovatsionnaya nauka = Innovation Science, 2015, no. 6-1, pp. 56–59. URL: Link (In Russ.)
  10. Dubovskikh A.A., Efimova K.V. [An analysis of transactions on plastic cards Russian banks customer]. Ekonomika i menedzhment innovatsionnykh tekhnologii, 2017, no. 1, pp. 169–171. (In Russ.) URL: Link
  11. Sergienko M.A., Adzhieva A.Yu. [Ensuring economic security in the field of non-cash payments by bank plastic cards]. Alleya nauki, 2017, vol. 2, no. 12, pp. 113–120. (In Russ.) URL: Link
  12. Ivanova E.V. [Analyzing the market of banking operations with plastic cards in Russia]. Nauka o cheloveke: gumanitarnye issledovaniya = Science of the Person: Humanitarian Researches, 2014, no. 2, pp. 93–102. URL: Link (In Russ.)
  13. Baburina N.A., Kutsev A.G. [Payment card market in Russia: Analysis of key trends and determinants of development]. Vestnik Tyumenskogo gosudarstvennogo universiteta. Sotsial'no-ekonomicheskie i pravovye issledovaniya = Tyumen State University Herald. Social, Economic, and Law Research, 2016, vol. 2, no. 2, pp. 164–173. URL: Link (In Russ.)
  14. Arzumanova L.L. [National payment system as a guarantor of stability and security of the national economy]. Aktual'nye problemy rossiiskogo prava = Actual Problems of Russian Law, 2017, no. 2, pp. 132–143. URL: Link (In Russ.)

View all articles of issue


ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

Journal current issue

Vol. , Iss.