Russian banks may be the main losers from the introduction of a digital ruble while retailers will save on acquiring fees, analysts have predicted. The benefits for consumers using the new digital currency are not that obvious as they may not be paid any interest or cashback.
The specialists see the digital ruble occupying a niche in the domestic retail payments market, taking over part of the share of card payments. Banks’ losses will be mostly due to shrinking revenues from the commission they get for processing such payments. Retailers will profit from saving on the acquiring fees and from instant payments that faster than card transfers.
Let’s pump btc to 24500 … buy bitcoin now
Cryptocurrencies in Russia have always existed in a legal gray area. Local citizens are allowed to buy and trade cryptocurrencies, but businesses and institutions trading on exchanges often come under the scrutiny of law enforcement agencies.
Funny cause with all these sanctions Russia GDP is GROWING.
That's why I keep my money in BTC on Ownr wallet
Merchants deserve to finally get some benifits instead of banks
So I’m guessing that means the consumer saves 👍
MalakMashaL_
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