News of Payment Systems
• Russian Europay Members' Association joins the Security Standards Council
• Instant payment systems regulation can be postponed
• Citibank Launches New Ultra Premium Credit Card “Miles & More Ultima MasterCard” for Russian Affluent
News of Banks
• Russian banks increase the number of VIP–offices
• Bank of Russia has lowered the official bank rate
• During January – July private deposits in Russian banks increased by 12 percent
• Promsvyazbank and Yarsotsbank are in the process of uniting thier ATM networks
• Bank’s slogan is the first step to trust it
• Pivdenniy Bank issues gift cards
Business. Technologies. Retail
• PayOnline System enters the European market
• SITRONICS wins Sberbank of Russia tender to deliver chip cards
Card Society
• SMS payments market can run up to $300 million
