Russian Agricultural Bank Develops Acquiring Network
Merchants, corporate clients of Russian Agricultural Bank’s (RAB) accepting payment cards now can use acquiring service at flexible tariffs, including POS-terminals’ installation free-of-charge.
With the development of RAB’s acquiring system, services for acceptance of card payments will become available almost in all trade and service enterprises in rural areas within the territory of the Bank’s presence. Acquiring system will allow enterprises to reduce costs, improve mutual payments systems and implement modern banking and payment technologies in the small settlements.
Based on Russian Agricultural Bank’s extensive regional network, the acquiring system project is unique both by territorial coverage, and by business lines of enterprises involved.