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Cards

Seven Russian banks start issuing first cards of Mir payment system

Monday 21 December 2015 | 09:47 AM CET

Russia’s Central Bank and the National System of Payment Cards have announced the launch of first cards of the Mir payments system by 7 Russian banks, according to tass.ru.

Gazprombank, MDM Bank, Moscow Industrial Bank, Svyaz-bank, RNCB which is operating in Crimea, as well as sanctioned banks Rossiya and SMP Bank are the first banks that issued the card of the Mir national payment system.

The second group of participants of the pilot project, which consists of 21 banks, has already started testing the cards and plans to complete it before the end of 2015. In 2016, the banks will start disclosing its acquiring network and will issue the cards. By now, 35 Russian banks, including Sberbank, Alfa Bank and others, have become participants of the Mir payment system.

More: Link
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