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09/07/2009

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Interesting indeed. Vlad, we manage an online business network and we notice very few Russians joining.

ENGLISH - lack there of. Makes sense! Thanks for this insight.

What's your plan of action?

Khalil,
Well I have some plans, but cant really disclosure them publicly at the moment.

What is your network URL? I'd be interest to join!

Hi Vlad

It's on Online Business Network with focus on the MENA Region.

http://www.salambc.com

Vlad, it was nice to meet you in St.Pete. I really agree with most of your observations except "Payments" - "Webmoney" and "Yandex.Dengi" are local popular payment systems (Yandex.Money) rather widespread in Russia but still we have problems with using Paycash and this is a real problem for international deals.

Privet Alexey! :))

Yeah, my point was simply that both Yandex.Money and Webmoney are by far the most popular online payment systems just by market share, but overall culture of online payments is still undeveloped as majority dont trust any online (and even offline) payments with bank cards.

I even had the idea to make a "local PayPal" as a better alternative and discussed this with Gleb but he was quite pessimistic about that and killed all my enthusiasm! :))

Спасибо за комменты здесь и на фейсбуке. Мне интересно узнать что думают об этом в России, если у кого-то есть блоги ретвитните плз! Спасибо!

If somebody has Russian blogs please retweet this - i would be really interested to know feedback from Russia. Thanks in advance!

nice read, thanks for posting this. especially the trust issues are interesting to me - do you have any more information on why people don't trust shops and payments? Are they not used to it, is there really bad service quality or are there other criteria?

Regarding your "People don't trust the credit card" statement. This is not exactly the case. Everyone's got plastic here nowadays. Tons of it. We even got plastic tailored for the web - the so called "online cards".

The issue is really with _merchant_accounts_. Visa and MC are for some reason not happy authorizing Russian banks to give out merchant accounts. Which makes it virtually impossible to set up an online e-commerce outlet that accepts credit cards.

Don't call me paranoid, but I wonder why Visa and MC make it impossible to set up a merchant account in Russia. Don't give me the fraud talk plz. This sort of puts Russia on the giving end in terms of cash flows. As always. Not good. So I thought I'd report a problem about this - http://www.problemator.com/7100221

Small rant here: you could try to make fewer mistakes in your post and comments, especially for someone who complains that Russians don't want to study English. :)

What an outstanding dumbass.

interesting post.

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i like this part of the post:"Intellectual property protection in Russia is basically absent. The Russian Internet provides you in a matter of minutes with free music, movies and programs...Are you looking for an serious investment opportunity? The telecommunication industry enjoys an extremely good reputation and is booming in Russia.
" is very good... is very important this info thanks!!

In conclusion, it seems fair to say that the delivery business, stand out more if they have a good internet service for cheaper than the rest!

Visa and MC are large producers of the famous plastic money, I believe that such a large company does not have to be hiding anything strange!

Wow! Start impressive scene in St. Petersburg and Moscow. I was recently there and was impressed.

A good business provides stability to the home and family. To have a good business is necessary to work very hard, with great effort and sacrifice, but the results will always be very good

Investment comes with the risk of the loss of the principal sum. The investment that has not been thoroughly analyzed can be highly risky with respect to the investment owner because the possibility of losing money is not within the owner's control. The difference between speculation and investment can be subtle. It depends on the investment owner's mind whether the purpose is for lending the resource to someone else for economic purpose or not

Большое спасибо, что просветили, и, главное, как раз вовремя. Подумать только, пять лет уже в инете, но про это первый раз слышу.

If somebody has Russian blogs please retweet this - i would be really interested to know feedback from Russia. Thanks in advance!

I think you have a thorough understanding in this matter. You describe in detail all here.

I've read four and I'm reading through them fast. I hope they do a reprint as I cannot find the other five anywhere. Please reprint them. Having commissioned these specially as a collectable only would be a pity.

I think you are not quite right and you should still studying the matter.

Nature is more and more be destroyed, we must self-inspection

Охуенный блог! Давно искал блог на схожею тематику с моей, и мне кажется я его нашел! Будем друзьями? :)

Merry Christmas! I wish you a lot of gifts and luck in the new year.

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