The growth of electronic payments and e-commerce development in Russia is exponential. As a confirmation new giant players try not to lose opportunities and enter the market. Most remarkably, in mid-September 2013 Paypal started accepting payments in Russian rubles.
Massive consumer boom in Africa
As the Internet becomes more and more accessible, affordable and faster in countries like South Africa, Kenya, Nigeria, e-commerce is ready to take off.
Fragmented payment methods on the continent
E-commerce is set to see greater heights in coming years, not just because of India’s rising Internet population, but also due to changes in the payment landscape
Payment landscape is undergoing change with the surge in e-commerce