Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

SberBank Offers Metro Passes to Debit Card Holders
19.03.2012 11:38
SberBank Offers Metro Passes to Debit Card Holders
SberBank debit cards can be used as metro passes in Moscow

SberBank of Russia has joined a host of other banks in providing Moscow citizens and workers with underground access. Along with Bank Avangard, Moscow Credit Bank, Alpha Bank, and others SberBank now allows its debit card holders to use the bank card as a metro pass.

      According to spokepersons from participating banks, there is no fear of competition, due to clients' loyalty. In most cases, the card is used to receive a salary, hence there is no benefit in switching over to SberBank. The latter has decided to test the new service on their debit card holders first; if successful, the service will be extended to involve all clients.

      In total, 21 banks provide metro pass service for their clients. The first was the Bank of Moscow, a sister company of VTB Bank, that has been in partnership with the Moscow Underground since 2006; they provide underground access to 93 thousand card holders. The client base of SberBank debit card holders is nearly 9mln.

      The opportunity for passengers to use their debit cards has been dictated by the problems caused by the enormously high average daily  footfall - nearly 8mln people use the Moscow Underground every day. To avoid long queues for underground passes, it was decided in 2006 to pilot the access via bank cards.

      SberBank has further plans to streamline the passenger access to public transport in Moscow. A scheme similar to that of the Moscow Metro may allow the bank's clients to use the card as a bus pass. The Bank of Moscow has long been planning to introduce this service, too. The process is stalled by the Moscow City Government that is working on developing a unified electronic card that will serve as an identity card, a transport pass, a bank card, and provide several other options. The banks, however, are unlikely to wait until the city authorities and will start providing a facilitated access to the under- and overground transport and local trains in the near future.

      Source: RBC.



Author: Julia Shuvalova

Tags: Russian banks Russian metro Moscow SberBank  

Next Previous

You might also find interesting:

Brussels Airlines Intends to Lease Sukhoi Superjet 100
Standard & Poors Changes Forecast On Russian Rating
Meredes-Benz Opened a New Logistics Center In Sheremetyevo
Elvira Nabiullina Earned 24.1 Million Rubles In 2015
Russias Gold And Currency Reserves Grew Up To 399.6 Billion Dollars

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
The USSR  Mumiy Troll  Russian law  Romanovs Family  birth rate  Solovetsky Archipelago  Russian Cinema  Russian history  Marussia Motors  Launch Sites  Exhibitions in Moscow  Edward Snowden  Lipetsk   Russian tourism  Russian Railways  Yamburg Fortress  Far East  Russian regions and cities  military historical festival   Omsk  Leningrad Region  Russian Nature  Primorye  Painting  Calligraphy  business investments in Russia  souvenirs in Yekaterinburg  Russian space exploration  Classical Music  Baikal  Orthodoxy  Soyuzmultfilm Studio  Russian football  Maya Plisetskaya  Boris Khmelnitsky  Yekaterina Baibayeva  Moscow  Mistral  Russian market  Warner Bros  Wooden Architecture  Kvass  Russian business  Federal Space Program  Russian Literature  winter 2014  Roman Abramovich  Archeology  Archaeology  Mercedes-Benz Fashion Week Russia 

Travel Blogs
Top Traveling Sites