Wednesday, May 23, 2018

Yekaterinburg ranks sixth in suitability for transition to cashless

Yekaterinburg was ranked No. 6 on Tuesday in a poll from 2GIS that analyzed how suitable cities are for citizens using bank cards instead of cash.

The analysts examined 220 Russian cities, looking at such factors as how many local organizations accept international bank cards, Ural Business Consulting reports.

The research culminated in a list of cities where life is manageable without cash, due to a high volume of establishments that accept cards.

Moscow and St. Petersburg did not make the list's top 10. Nizhnevartovsk, however, took the top spot, with 41 percent of organizations accepting cads. Surgut was the next most "cashless" city with 36 percent of establishments taking cards, and Arkhangelsk was ranked third with a card acceptance rate of 32 percent, according to Ural Business Consulting.

Approximately 30 percent of Yekaterinburg's 50,000 companies accept cards, taking sixth place among the most suitable cashless cities.

Supermarkets, restaurants, jewelry shops, sushi bars and mobile phone stores were the establishments that were most likely to operate on a cashless basis, according to the rankings, Ural Business Consulting reports.