Date: 7 months ago   Category: Finance

First deputy chairman of Sberbank: need for plastic cards will disappear after 2019 — Rambler News Service


Photo: Pixabay Need for use of plastic cards will shortly disappear thanks to distribution of NFC technology which allows to make payment including by means of the smartphone and also to start of projects of bank virtual cards, the first deputy chairman of Sberbank Lev Hasis has said at a press conference. "You know that already now the majority of POS terminals in Russia are equipped with NFC technologies which allow instead of paying in the physical map, to pay in the smartphone. Under the law since January 1, 2019 all Russian POS will be such... I think that by the end of the year 50% or 60% of ATMs of Sberbank will be already equipped with it, and during 2019 already all. And need for plastic card per se will disappear" — Hasis has said. Earlier the deputy chairman of board of VTB Olga Dergunova has told RNS that the refusal of plastic cards as the carrier is the following step to evolutions of monetary circulation, at the same time cash will exist a decades more. "In Sweden this process (informatization of the banking sector — RNS) has begun in 1957, and there still is paper money. We at all at the beginning of a way. I think that cash will exist a decades more. (...) I assume that not the refusal of paper money, but refusal of the plastic card as from the carrier will be the following big step. When there is a smartphone, the card isn't necessary. Technologies will develop rather towards creation of other monetary carriers, than plastic and paper. And for us as for bank money is a record on the account" — she has told.

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