Visa announces certification in Russia of new solution based on M4Bank.SoftPOS

On September 24, Visa announced the certification in Russia of its new solution for accepting contactless payments Visa Tap to Phone. This application is developed on the basis of the M4Bank.SoftPOS solution from Center of Corporate Technologies.

“In Russia more than 90% of transactions are already made using contactless payment tools. The entire industry benefits from the implementation of a solution based on Visa Tap to Phone. This technology significantly expands the possibilities of accepting electronic payments in the trade and service network and makes non-cash payments more accessible for consumers, merchants and banks”, noted Mikhail Berner, CEO of Visa in Russia.

“The relevance of such solution is especially high in modern conditions, when the demand for daily delivery of goods is actively growing, and this solution allows convenient acceptance of cashless payments by couriers and agents”, said Inna Emelyanova, Head of Acquiring Department of Russian Standard Bank.

It should be reminded that recently Russian Standard Bank and CCT implemented new method for accepting payments using SoftPOS technology.

About Visa

Visa is a global payment system that provides cardholders, merchants, financial and government institutions in over 200 countries and territories with access to fast, secure and reliable electronic payment network.

About CCT

Center of Corporate Technologies is one of the leading software developers of innovative IT-solutions for banking and financial industries. Today CCT’s project portfolio includes more than 30 projects in 10 countries: Russia, Belarus, Kazakhstan, Armenia, Turkmenistan, Ukraine, Kyrgyzstan, Kuwait, Mongolia and Georgia. The company’s clients are the leading Russian and foreign banks and companies.