Under the agreement, the prepaid card will be distributed via Svyaznoy service networks and mobile communication centers alongside a number of other sales channels. This card is associated with MasterCard and Visa and can be processed at any location that accepts these payment methods.
In recent news, UK-based technology provider ARM, Gemalto and Germany-based electronic payment services provider Giesecke & Devrient have teamed up to introduce a new security standard for smartphones that can upgrade e-commerce transactions.
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