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

National Payment System
9.04.2014 21:44
National Payment System
(Source: http://www.rustrahovka.ru/news)

Russia's largest banks initiated consultations on the establishment of a national payment system. 

      VTB Board Chairman Andrei Kostin announced that Russia's largest banks have initiated consultations on the establishment of the national payment system. He said this in the interview with "Vesti on Saturday Sergei Brilyov." He noted that the association of already existing domestic payment systems allows creating in two months a system, which will make possible to use previously issued cards in all terminals of all major Russian banks. 

      "It can be done within the country. And this will cover approximately 90% of payments that our citizens make annually. This may be accomplished literally within two months,” Kostin said. "But another question is recognition abroad… But there are different approaches as well. We can try to unite with the Chinese Union Pay system. It has been established long time ago…Today the issue cannot be put off. Generally speaking, this is the question of protecting the interests of our citizens," the Head of VTB said. 


Sources: http://gazeta.ru 


Author: Anna Dorozhkina

Tags: Russian banks National Payment System    

Next Previous


You might also find interesting:








Comment on our site


RSS   twitter      submit



TAGS:
Literature Museums  Land of the Leopard  Russian directors  Russian startups  Russian fashion designer  Mercedes-Benz Fashion Week Russia  Russian journalists  Liberal Democrat Party of Russia  International space station  Russian designers  Semiluki  active holidays in Russia  Murmansk Region  Chocolate Festival  Russian science  3D Printing  Religions  Graphic Art  E-Books   Khabarovsk  Boris Strugatsky  Russian tourist destinations  Rosa Khutor  Russian tourism  Festival "Imperial Gardens of Russia"   Fabio Capello  Russian airports  Exhibitions in Moscow  Moscow  Charity  Russian scientists  Dmitry Donskoy  Murmansk  Kurgan airport  St. Petersburg  Russian travelers  Moscow Region  Russian blue chips  Russian business  Noah's Ark  hotel reservation  Norilsk Nickel  Andrey Platonov  Russian schools  Russian economy  Rostov metro  Kirov Region  Milk Holiday  Russian Cinema  Russian politicians 


Travel Blogs
Top Traveling Sites