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10:54, 14 May 2020
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Cash collection market to revive after its fall in March
![b94dd05539681a3bc6d35281fcfd40b0.jpg b94dd05539681a3bc6d35281fcfd40b0.jpg](/upload/medialibrary/9da/b94dd05539681a3bc6d35281fcfd40b0.jpg)
In late March, because of the closure of a bulk of retailers, the number of requests for cash collection services from certain customer groups fell by 50%, the company said. However, by mid-April, the situation began to stabilize. The number of requests for collection increased by 10% over the first three weeks of April. In addition, new niches appear and develop.
“The cash collection market is undergoing a transformation. Those who are able to reorient the model and diversify risks will be a success,” says Moscow Credit Bank First Vice President Yevgeny Pavlov.