Financial Sector Overview
Bank of Russia FINANCIAL SECTOR OVERVIEW
The Central Bank of the Russian Federation
NATIONAL PAYMENT CARDS SYSTEM
Setting the standards for the payment industry to provide convenient and stable services
56
NSPK
NATIONAL
PAYMENT
CARDS
SYSTEM
MIR
✓ Russian national payment system "Mir" was created on 23 July 2014
✓ Operator of Mir Card Payment System is National Card Payment System Joint-Stock
Company, 100% of its shares belong to the Bank of Russia
✓ More than 53 mln "Mir" payment cards were issued by year end 2018 in Russia
✓ Co-badging projects with international payment systems: Maestro, JCB, AmEx and
UnionPay
✓ Support of mobile payment service Samsung Pay
✓ Mobile payments service MirPay is launched
✓ PayPass system has been successfully implemented
✓ Payment system "Mir" launched a loyalty program which allows card holders to receive
cashback
"Mir" payment cards are accepted in the Republic of Armenia, Kyrgyz Republic, as well
as in the infrastructure of VTB Bank in the Republic of Kazakhstan and the Republic of
BelarusView entire presentation