Date: 4 weeks ago   Category: Finance

The State Duma adopted amendments on regulation of the market of electronic payments — Rambler News Service


The State Duma in the third reading adopted amendments to the law "On the National Payment System" regarding regulation of payment services among which ApplePay, SamsungPay and MirPay, reported in the press service of the lower house of parliament. "The State Duma adopted in the third reading the law defining rules of interaction of bank and the organization supplier of payment applications, such as ApplePay, SamsungPay, MirPay. The law enters the concepts "payment application", "supplier of the payment application", "payment aggregator"" — it is said in the statement. The document defined rules of interaction of bank and the organization supplier of the payment application for wire transfers of means. In particular, implementation of requirements of the Central Bank to information security is defined. It is noted that the operator on money transfer has no right to provide to the supplier of the payment application the information on analogs of autographic signatures, codes, passwords and other data. According to the explanatory note to the bill, it is aimed at ensuring protection of the rights of clients and decrease in operational risks of banks.

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