18:35, 15 June 2009 Page views 218 views

Russian Ministry of Finance and Central Bank Elaborate Bill about Single Payment System

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Ministry of Finance’s working group, also consisting of Bank of Russia’s representatives, elaborated a bill about creation of national payment system based on banking cards. Development of system’s technological criteria is planning.

The system will be created on the base of Russian own platform, not based on international payment systems.

Russian News & Information Agency

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