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:

Russia Will Import Agricultural Products From Turkey
New Project For Entrepreneurs Launched By Sberbank
Russian Wheat May Be Exported to Venezuela
VKontakte Will Launch Its Service Provider - VKmobile
The Deficit Of the Pension Fund Of Russia Will Amount to 220.4 Billion Rubles

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
Moscow  Triumphal Square  Russian oil company   Russian oil companies  Lipetsk Region  Kaliningrad  Tver region  EU sanctions  Folk Arts  Mercedes-Benz Fashion Week Russia  Olympic Games  New Year  Valeriy Karpin  co-working  Archeology  Russian writers  Republic of Altai  Speakers' Corner  Elections 2012  Winter Palace  Strugatsky Brothers  lawmaking in Russia  Primorsky Territory  Film Distribution  Mobile App  Penza zoo  Tamara Miansarova  Fyodor Emelianenko  Russian business  Exhibitions in Moscow  Russian academy of sciences  Vladimir Kovenatsky  Moscow State University  Russian Literature  Siberian Cultural and Tourist Forum  All-Russia Exhibition Centre  Painting  Security System  Russian tourism  Russian history  Chelyabinsk  Krasnodar Krai  Norilsk Nickel  tourism  Mark Zuckerberg  Crash of TU-154  Russian designers  Russian Cinema  Altai  International space station 

Travel Blogs
Top Traveling Sites