The country has been among the fastest in the world in the move away from cash The share of cashless transactions in Russia has surged to 80%, up from just 25% a decade ago, the head of the Bank of Russia, Elvira Nabiullina, said on Saturday. “The share of non-cash payments is like a barometer for assessment of maturity of state financial system,” Nabiullina said at the international RUSSIA EXPO, which kicked off in Moscow earlier in the day. The share of cashless transactions in the country has been steadily increasing over the past several years. Last year, the central bank reported that 79% of people in Russia
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