JCB Set to Launch aRussian Mir Card

JCB Set to Launch aRussian Mir Card

JCB has teamed with the National System of Payment Cards (NSPK), a subsidiary of Central Bank of Russia, to issue co-badged Mir/JCB cards that can access to the Mir merchant network in the Russian Federation and JCB’s global network with about 31.1 million acceptance locations. Mir is the Russian national payment brand operated by NSPK,…

Russians Turn a Whole ATM into a Skimmer

Russians Turn a Whole ATM into a Skimmer

Instead of installing skimmer devices onto an ATM, new Russian thieves could turn the whole ATM into a skimmer itself. Discovered in 2009, Skimer was the first malicious program to target ATMs, and now, the cybercriminals have resurfaced, reusing the malware as an advanced threat to banks and their customers around the globe. Kaspersky Lab…

Yandex & MasterPass

Yandex.Money, the largest payment service in Russia, has teamed with MasterCard. The Yandex.Money e-wallet and MasterPass are now connected and Yandex.Money users can do shopping on foreign sites where MasterPass is accepted – that is over 250,000 online stores across 24 countries.

CUP & Eastern Europe

China UnionPay this week held the Conference on Regional Cooperation in Eastern Europe and Central Asia. Senior managers of dozens of major institutions in the region participated in the conference, including heads of People’s Savings Bank of Kazakhstan, Kazakhstan Commercial Bank, Kazakhstan Central Bank and Russian Agricultural Bank.

QIWI Visa payWave

Visa payWave based contactless payment option has been implemented in QIWI payment services. The Company has combined НСE1 technology with a co-branded Visa QIWI Wallet: now e-wallet users can use their smartphones to pay anywhere Visa payWave contactless cards are accepted.