On first MasterCard card transactions via NPCS and the Bank of Russia
3 February 2015
Press release
On 30 January 2015, the first five banks, including regional ones, started processing some Russian domestic MasterCard card transactions via the NPCS processing centre implementing settlements on these transactions via the Bank of Russia. The transfer of processing of Russian domestic transactions made through international payment system cards to the NPCS is time-phased. Pursuant to the legislations, banks are to connect to the NPCS until 31 March 2015.
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