1. Invest In Russia; Payment Gateway Becomes the Priority- From GlobeBill
Russia's central bank chief on Wednesday reported that
the country saw $42 billion worth of net capital
outflows in the first four months of the year, an
indication of the scale of investor concern over the
Russian economy. The figure reported by Sergei
Ignatyev to the Russian Parliament means the country
has already see half of the capital flight posted last year.
All the data has shown that Russian economy is still
boosting. Russia still has economic advantages. Its economy grew by 4.3 percent last
year and the country has 1.8 trillion rubles ($58 billion) in a reserve fund, created
from oil revenues that the government tucked away when prices were high.
Its stable economy condition, friend policy and huge market have made Russia as the
profitable land for many investors around the world. However, not everything is
perfect and without deficiency. Behind its prosperous super face lie some obstacles
which draw investors back from starting their career and lay foundation on that fertile
land. Any investors who want to take up the clothing market will have to make no less
effort. Besides, how to seek profits in the strange foreign country is a big question and
how to solve the question of cash transaction is one of the priorities.
By establishing a local payment gateway in Russia; GlobeBill (www.globebill.com)
can effectively help the foreign investments solve the problems of operating difficulty.
As a representative of GlobeBill, Lin said that the number of Chinese third-party
online payment solution involving in Russian Foreign Trade receivables were very
limited which has caused a lot of obstacles when foreign power want to enter the
Russian market. To solve this problem, GlobeBill will launch a payment solution in
Russian's largest local online payment Boleto in mid-May. The payment gateway will
be able to provide both Brazilian and Asia merchant a professional payment solution
in Russian local business.