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Wildberries Denounces Proposed Ban on Payment-Linked Discounts as Absurd

The company argues the idea serves big banks at the expense of lower prices for shoppers.

Overview

  • Wildberries said discounts tied to payment methods comply with Russian law and common market practice, citing Rospotrebnadzor’s position.
  • The company claimed the Central Bank is holding closed discussions with major banks without including digital platforms, business associations or consumer groups.
  • Executives warned a prohibition would raise prices for millions of customers and hinder the development of marketplace banking services.
  • Bank of Russia governor Elvira Nabiullina has said marketplace prices should not change based on how a buyer pays, and Sberbank chief Herman Gref reiterated his criticism of such discounts on Tuesday.
  • In October, the Federation Council recommended considering amendments to enshrine non‑discriminatory access to platforms and a single price regardless of electronic payment choice.