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.