Guidelines for the Development of the Russian Financial Market slide image

Guidelines for the Development of the Russian Financial Market

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 46 46 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 ✓ Strong authentication MirAccept at online payment is provided ✓ 1.0 3D-Secure standards and technologies have been developed and implemented ✓ Co-badging projects with international payment systems: Maestro, JCB, AmEx and UnionPay ✓ Support of mobile payment service Samsung Pay ✓ PayPass system has been successfully implemented ✓ Payment system "Mir" launched a loyalty program which allows card holders to receive cashback ✓ More than 30 mln "Mir" payment cards were issued by year end 2017 in Russia
View entire presentation