In Russia, all Visa and Mastercard cards will become contactless
The international payment systems Visa and Mastercard, which have the largest share of issued plastic cards in Russia, strive to maintain the image of systems using the most advanced Technology.
This is how it is possible to evaluate the requirement of these payment systems for Russian banks to issue only contactless cards that can be settled with one touch without entering a PIN code, which are reported with reference to own sources RBC.
The conditions of the companies are quite strict and require the transition to contactless cards almost simultaneously: Visa from April 13, 2019, and Mastercard from April 12, 2019.
Citizens of Russia, who happened to receive cards of these systems in the past few months, already know the icon depicting the propagation of sound waves in the upper right corner.
Contactless payment on Visa and Mastercard cards is currently available for up to one thousand rubles. The companies plan to increase the ability to calculate without entering a PIN code up to three thousand rubles.
Leading Russian banks have already confirmed receipt of a prescription from payment systems to switch to the issue of cards with the possibility of contactless payment.
The Russian payment system Mir for the period of its development does not plan to introduce such requirements for issuing banks.
This is how it is possible to evaluate the requirement of these payment systems for Russian banks to issue only contactless cards that can be settled with one touch without entering a PIN code, which are reported with reference to own sources RBC.
The conditions of the companies are quite strict and require the transition to contactless cards almost simultaneously: Visa from April 13, 2019, and Mastercard from April 12, 2019.
Citizens of Russia, who happened to receive cards of these systems in the past few months, already know the icon depicting the propagation of sound waves in the upper right corner.
Contactless payment on Visa and Mastercard cards is currently available for up to one thousand rubles. The companies plan to increase the ability to calculate without entering a PIN code up to three thousand rubles.
Leading Russian banks have already confirmed receipt of a prescription from payment systems to switch to the issue of cards with the possibility of contactless payment.
The Russian payment system Mir for the period of its development does not plan to introduce such requirements for issuing banks.
Information