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Russian Standard Bank in partnership with CCT has upgraded the technology of payment with bank cards using mobile terminal

Russian Standard Bank, which occupies the leading positions in the market of trade acquiring, continues the development of card payment technologies with mobile terminals. New solution enables payment using chip cards and significantly increases the level of security of cashless payments. «Center of corporate technologies» is the partner in the development and implementation of this service.

Technological solution of mobile terminal was created on the basis of the modern devices of mPOS Ingenico RP750 for small and medium businesses and allows using the mobile device (Smartphone, Tablet) as a Terminal to accept credit card payments. New card readers Chip&Pin, for accepting chip cards are compact and easy to use. Connection is possible via audio jack or  Bluetooth. The implementation of such devices enables a high level of safety of cashless payment- same as  the classical stationary pinpads and meets the requirements of payment systems Visa and MasterCard.

The mPOS technology is especially useful for insurance agents, online stores, enterprises whose activity is connected with the field of trade and delivery. Card reader and a special application turn a regular Smartphone or Tablet into the Pocket terminal for the acceptance of payment cards in any place and at any time. Russian Standard Bank ‒ was one of the first to implement such project in Russia. The service is available for holders of Visa, MasterCard and American Express cards.

For the detailed information see the site www.acquiring.ru.

About the companies:

Russian Standard Bank was founded in 1999. Pioneered in consumer finance products and services and focused first on point of sales loans and then on credit cards lending, Bank leveraged its strong competence and became a full service retail bank. Currently Russian Standard Bank is one amongst the largest privately owned retail banks in Russia with 28 mln customers, about 2048 bln RUB of issued credits and one of the most recognizable trusted financial brands countrywide.

Russian Standard Bank has a presence in more than 1,800 cities in Russia. Its distribution network covers 93% of the Russian population. Russian Standard Bank is also the exclusive issuer of American Express branded credit cards in Russia. Russian Standard Bank issues cards of five leading international payment systems in Russia: Visa, MasterCard, American Express, Diners Club International, Discover Card, and acquires seven payment systems: Visa, MasterCard, American Express, Diners Club International, Discover Card, China Union Pay, Japan Credit Bureau and Zolotaya Korona

In addition to lending and savings products, the Bank focuses on the development of settlement products and services and implements innovative technologies within prepaid card products, E-Commerce, payments and transfers by card number, remote access including SMS-Bank – the latest service launched, Internet Banking and Mobile Banking and useful and secure mobile applications which are popular amongst Russian consumers. Bank goes on improvement of new distribution channels Internet Bank, Mobile Bank, Instant Payment Terminals.

Detailed information about the Bank: www.rsb.ru

Ingenico

(Euronext: FR0000125346 – ING)

Ingenico –is the leading provider of payment solutions. Over 22 million Ingenico terminals have been deployed across 170 countries. Its 5500 employees worldwide support retailers, banks and service providers to optimize and secure their electronic payments solutions, develop their offer of services and increase their point of sales revenue.. Starting from 2012 г. Ingenico Group is known as LLC “Ingenico” in the markets of Russia and CIS with the Russian production of terminals.

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