Georgia 2025

Introduction – Payments in Georgia Georgia is a presidential republic with a unicameral parliament, the Supreme Council (Umaghlesi Sabcho). In June 2014, Georgia took an important step towards eventual EU membership with the signature of a formal association agreement, which entered into force in 2016. This provides for Georgia to enter into a DCFTA (Deep […]

Belarus 2025

Introduction – Payments in Belarus Belarus is a presidential republic with a bicameral Parliament (Natsionalnoye Sobranie) composed of the Chamber of Representatives and the Council of the Republic. It is a member of the Commonwealth of Independent States (CIS), the Organisation for Democracy and Economic Development (GUAM) and the Organisation of the Black Sea Economic […]

Azerbaijan 2025

Introduction – Payments in Azerbaijan Azerbaijan is a presidential republic with a unicameral parliament, the National Assembly (Milli Mejlis). It has a strategic location between East and West based on large reserves of oil and gas. It is a member of the Commonwealth of Independent States (CIS), the Organisation for Democracy and Economic Development (GUAM), […]

Armenia 2025

Introduction – Payments in Armenia Armenia is a representative parliamentary democratic republic with a unicameral parliament, the National Assembly (Azgayin Zhoghov). Armenia is a member of the Commonwealth of Independent States (CIS), the Organisation of the Black Sea Economic Cooperation (BSEC), and an observer of the Eurasian Economic Community (EurAsEC). In recent years, Armenia has […]

Eurasian Payments Report Overview Part 3 – Acceptance Networks 2026

3. Acceptance Networks This chapter examines card acquiring, POS acceptance and ATM acceptance across Russia and the Eurasian region, reviewing selected comparative POS terminal and ATM statistics from an acquirer perspective. National central bank statistics are the primary source for the Eurasian states, supplemented in respect of Russian figures by the BIS. In addition, the […]

Eurasian Payments Report Overview Part 2 – Cards Overview 2026

2. Cards Overview The cards overview section of the Eurasian Digital & Card Payment Yearbook 2025-2026 is composed of comparative statistics from the issuer bank point of view reviewing the latest available card data from 2020 to end-2024. National Central Bank statistics are the primary source for the Eurasian states, supplemented with respect to Russian […]

Eurasian Payments Report Overview Part 1 – Eurasian Overview 2026

1. Eurasian Overview Banking sectors in Europe and the formerly state-owned Eurasian banks have completely different historic roots. In addition, their transformation has followed separate strategies. This overview section illustrates the evolution of the Eurasian banking sector to date. Regional Integration – Eurasian Economic Union The Eurasian Economic Union (EAEU) was formally launched on January […]

Eurasian Payments Report – Introduction 2026

Introduction About the Yearbook This edition of the Eurasian Payment Cards Yearbook 2025-26 is the seventeenth in this series since the publishers decided to split Russia and the Commonwealth of Independent States (CIS) away from the European Payment Cards Yearbook, which formerly included Russia and Ukraine. The 10 Eurasian countries reviewed in this Yearbook are […]

Digital & Card Payment Yearbooks