Ukraine is one of the biggest countries in Europe, with more than 2 million active online game players, which generates $ 3 million per month in revenue, or $ 35-40 million dollars per year ***.
The young, but rapidly growing Ukrainian online payments market opens numerous revenue opportunities for those who can manage to adopt to the changing Ukrainian economy. As with any other market in the formation stage, Ukraine is still creating the rules and conditions for market participants. The political condition, which can hardly be called stable, has its’ impact on developing clear economical environment.
The purpose of Xsolla’s branch in Kiev is to track all of the changes and help the company's partners from USA, Europe and Russia developing their business in Eastern Europe, keeping track of updated information about legislation and taxation changes in Ukraine. "We help our partners to make money in Ukraine by simplifying the process, making it easy and comfortable, taking care of all legislative and taxation issues regarding online payments. Games which are already localized for Russia can be easily distributed in Ukraine, and Xsolla will take care of maximum coverage and conversion, taking into account all specific conditions ", - says Serj Gavrilyuk, Xsolla UA, Inc. general manager.
*** Data taken from Art4Art Entertainment (http://www.art4art.kiev.ua/)
