Cryptocurrency Payments: Growing Acceptance in Russian Retail

Several online merchants and a handful of physical stores now accept Bitcoin, Ethereum, and the Russian stablecoin (USDR). Payment processors like PayKeeper and CoinPayments provide QR‑code gateways that convert crypto to rubles instantly. While crypto transactions are fast, they are subject to regulatory scrutiny, and users must keep records for tax reporting. Exchange rates can fluctuate, so retailers often lock the rate at the moment of payment. This method appeals to tech‑savvy foreigners who prefer decentralized finance.