Russia presents Apple Pay replacement
The new service will allow IOS and Android users to make contactless payments, Russia’s national card operator has said
Russia’s National Payment Card System (NSPK) has developed a domestic service to replace Apple Pay and Google Pay, its general director said on Thursday.
The new solution will allow users of both Android and iOS smartphones to make contactless payments method via Bluetooth, Dmitry Dubinin told the media at the Finnopolis financial technology forum in Sochi.
About 20 Russian banks have expressed an interest in the technology, according to NSPK, the operator of the Mir payment system, the Russian equivalent of Visa and Mastercard, which also operates non-cash payments in Russia.
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