MOSCOW, February 7 – RIA Novosti. It is possible to implement in Russia the acceptance of cards of new payment systems in addition to the existing ones, but at the moment it may be relevant only for bank cards of the EAEU states, Viktor Dostov, head of the Association of Electronic Money and Money Transfer Market Participants, told RIA Novosti.
The Association of Russian Banks, following a meeting of market participants on the strategy for the development of the national payment system, noted that credit organizations are in favor of further promotion of Mir payment system cards abroad. Instead, it would be possible to organize the acceptance of cards of foreign national payment systems in the Russian Federation, the association believes.
“It is technically possible to accept cards from foreign payment systems, but it requires certain costs. Therefore, such projects are economically feasible only if they are in demand by payers. This demand is quite easy to assess: just look at the statistics of inbound tourism. In the first place are Chinese citizens, and UnionPay cards are already accepted in Russia. They are followed by tourists from Germany and Korea. In our opinion, interest in integration from foreign payment systems from these countries is limited, since there is no guarantee that technological costs will be compensated by transfer fees, “Dostov suggested.
European and Korean tourists already visit Russia with cards of international payment systems, the expert explained: probably some demand is relevant in border regions with serious cross-border economic ties. From this point of view, the focus of the National Payment Card System (the operational and payment clearing center for processing bank card transactions within Russia) is precisely on the EAEU countries, Dostov concluded.
Thus, the Mir payment system, operated by NSPK, is actively developing its presence in the territory of the commonwealth: these cards are already accepted in Armenia, Belarus, Kyrgyzstan and Kazakhstan, as well as in Uzbekistan and Tajikistan.
At present, the clients of Russian banks, in addition to international payment systems Visa and Mastercard, domestic payment systems Mir and Zolotaya Korona, also have access to cards from several regional players – Japanese JCB, Chinese UnionPay, American Diners Club International and American Express.