The expert warned about the acceleration of cash transactions growth in Russia.

      According to the expert, the volume of cash outside the banking system has reached record levels. Despite the fact that the Bank of Russia does not see a sustainable trend, the demand for cash continues to grow. The key reasons are disruptions in mobile internet and an increase in the tax burden. As studies show, sellers are increasingly offering discounts for cash payments — in some cases up to 10%, which exceeds the costs of acquiring. The expert also noted that in many sectors — from fitness to retail — customers are asked to pay in cash due to concerns about tax control, reports transsibinfo.com. In the banking sector, it is believed that an informal segment of the economy is forming with a growing role of cash. Without government measures, this trend may intensify.