1. Seen the Golden Opportunity, GlobeBill Provides Gateway for Entering Russia
Payment service providers are marching into Russian
market for its ecommerce is developing in a high speed.
Because of the 2011 global economic crisis, foreign
trade market growth has been slowed down. However,
after the decadence of economy, the momentum of
Russia ecommerce is still irresistible. Statistics from the
Russian Ministry of Economic Development shows that
in the first quarter of this year, Russia's total imports
and exports up to U.S. $ 281.7 billion. Imports grow up
to 100.1 billion, an increase of 8.6%.
Russia is undergoing a period of rapid development of e-commerce. Along with the
network is becoming increasingly popular in Russia, more and more Russians who
have the access to network have become loyal Internet users, exposure to online
shopping, purchase advocates into a loyal network. In 2011, Russia's net share of total
transactions exceeded 270 billion rubles, an increase of 12.5%. In 2012, Russia
became the e-commerce is the fastest growing countries in the G2O countries. In
Russia, the local electric provider is actively layout of the market; traditional retailers
began to shift to e-commerce. Russia's largest retailer of household appliances and
electronic products M.VIDEO is a good example. From its own projected to 2015, the
total turnover of 25% will be done through e-commerce.
Foreign trade electricity is out to avoid the risk of a single market has well foreseen
the bright future of Russian foreign trade e-commerce market, and began to expand
into the Russian market. GlobeBill (www.globebill.com) has been aware of this
market demand, has recently launched Russian foreign payment gateway. Foreign
trade power will be able to deal with the problems on the Russian receivables through
this solution easily, providing consumers QIWI, Webmoney or bank transfer payment
method, to allow consumers to check out easily. It is understood that the Russian
e-commerce market share in 2011 has accounted for approximately 4.3% of the total
retail market share.