Russian Bank Cards Market: the Drivers

Nina N. Kachanova () and Nina V. Ogureeva ()
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Nina N. Kachanova: State University of the RF Ministry of Finance, Moscow, Russia
Nina V. Ogureeva: State University of the RF Ministry of Finance, Moscow, Russia

Finansovyj žhurnal — Financial Journal, 2011, issue 3, 69-80

Abstract: The article presents a multi-factor analysis of the bank cards market indices viewed as factor and as dependent variables. It has been identified that that the main drivers of the bank cards market volume are the infrastructure parameters: number of ATMs and POS terminals available within a region.

Keywords: bank cards; electronic transactions; correlation; card use index; multiple regression; cash alternative (search for similar items in EconPapers)
JEL-codes: E42 G21 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:fru:finjrn:110306:p:69-80

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