Date: 7 days ago   Category: Finance

The Central Bank does not see reasons for leaving of the international payment service providers from the Russian market — Rambler News Service


Photo: globallookpress.com/Monika Skolimowska the Bank of Russia does not see reasons for termination of work of the international payment service providers (IPSP) in the territory of Russia in connection with amendments to the law on "National payment service provider", reported in the press service of the regulator. "Amendments are aimed at providing compliance of activity of all operators of payment service providers to the Russian legislation. We are sure that all payment service providers will work as worked. As well as today, in-Russian transactions of cards, including cards of Ministry of Railways, will be processed by the National Payment Card System in the Russian Federation, and operation outside the country — the international payment service providers. We do not see reasons for concern" — it is said in the statement. Earlier the Visa company stated that it considers the Russian market strategically important and will ensure trouble-free operation of non-cash payments. The head of the State Duma Financial Market Committee Anatoly Aksakov also noted that foreign payment service providers will not leave Russia because of amendments to the law on "National payment service provider" as they earn money here, and innovations do not bear legal consequences for payment service providers. Before Kommersant with reference to sources in the payment market reported that possible revocation of license at any of the international payment service providers (IPSP) can lead to withdrawal of these systems from Russia. Probability of revocation of licenses of Ministry of Railways is connected by amendments to the law on "National payment service provider" which will be considered by the State Duma on July 23. According to the bill if Ministry of Railways suspends payments of any bank because of sanctions or for other reasons, the Central Bank will order to correct violation, and then will exclude the Russian subsidiary of foreign payment service provider from the register of operators and will actually forbid it to work in Russia.

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