Domestic and Preferred Card Schemes • MasterCard has the marginally greater share of the bank card market in Russia, with 53.1% share. Alternative Payment Methods • Cash on Delivery: Although electronic payments are quickly developing in Russia, cash remains, by far, the most popular means of payment in both offline and online retail. Cash still accounted for approximately 90% of payment volume in 2012 according to the Russian Central Bank. In 2016, cash will still account for 87% of Russian payments, according to Euromonitor International. In the field of ecommerce, cash still dominates as far as physical goods are concerned in a proportion that varies from 70% to virtually 100% of purchases. • E-money: (e-wallets) are mostly local payment methods provided by domestic operators such as Yandex Money, Qiwi (in partnership with Visa) and Web Money. Other domestic e-wallets occupy a small or a negligible share of the market while PayPal, which was made available for domestic transactions only in September 2013, still has to conquer the market. e-Wallets can be used to pay for purchases online and loading of an e-Wallet can be done through various channels such as top-up through credit card, cash, bank transfer, ATM or through cash-in kiosks. • Internet Banking: has appeared only recently in Russia and is already established as a rather popular online payment method. However, as is the case with payments via cash-in kiosks and mobile payment platforms, the overwhelming part of these payments is to settle mobile phone, ISP or utility bills, or other services. Just a very small fraction of online purchases of goods or services (probably less than 1% as far as physical goods are concerned) is made via online bank transfers. Preferred Online Payment Methods • Cash-on-Delivery is the main payment method in Russia. Credit/debit cards are mistrusted but used more in the big cities.