Travel aggregators sound alarm over restrictions on installment plans 11:56

The introduction of a free installment limit of 15 thousand rubles for “buy now, pay later” (BNPL) services may lead to a decrease in the affordability of travel for Russians. The Association of Tourist Aggregators (ATAG) warned about this in a letter to Anatoly Aksakov, Chairman of the State Duma Committee on Financial Markets. RBC .

According to him, the average bill for a trip to Russia is about 150 thousand ₽ for two or one family, including large families.

“Many people cannot pay their travel expenses immediately and are forced to either postpone their holidays or take out a loan. The letter stated that the proposed ₽15 lakh limit would significantly reduce travel accessibility for the general public, including extended families.

The ATAG representative reminded that the development of domestic tourism is one of the tasks set by President Vladimir Putin. The number of tourists to Russia, which will be 78 million in 2023, will increase to 140 million by 2030.

“We are aware that consumer rights must be protected in installment payments, but we demand that comfortable limits be set for consumers and companies that provide this service. “Some of the requirements in the bill are unnecessary and create an additional burden, such as requiring recipients to provide copies of documents online.”

Tourism is slowly starting restore all over the world. Thus, in the first seven months of 2024, international tourist flows were only 4% below the pre-pandemic level.

Russians before steel Spend more on sea and river cruises.

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Source: Gazeta

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