The Central Bank has denied reports of a possible ban on taxpayers with card “the World”

The Central Bank has denied reports of a possible ban on taxpayers with card “the World”


MOSCOW, July 10. /TASS/. The legislation does not stipulate any restrictions on the use of funds from payment cards “the World,” said TASS in the press service of the Bank of Russia, commenting on the possible ban of taxpayers from the card “World”.

On Monday, the newspaper “Vedomosti” reported that the Central Bank may restrict the taxpayers from the card “the World” to cards of other payment systems. The article noted that the publication of this was told by the man who knows it from an employee of the Bank of Russia, two banker and two participants of the payment market.

“Operations at the expense of the funds received from the budget for the card “the World”, in accordance with the requirements of the legislation on the national payment system should be carried out using national payment instruments. Any restrictions on the use of funds from the account on a card “the World”, the legislation does not provide”, – said the press service of the Bank of Russia information on possible restrictions.

The press service of the National system of payment cards (nvqs) noted that the payment system “Mir” develops the interbank loyalty program.

“The main objective of the NPCs – to make the card “the World” was a competitive, convenient and profitable for their holders. This payment system “Mir” develops the interbank loyalty program based on the service cash back, various non-financial services, as well as convenient and quick transfers of government payments to the accounts of citizens. It is important that cardholders “World” consciously made a choice in favor of services that provide the state and the national payment system”, – said the press service.

The transition to “Peace”

Russian banks since July 1, are required to give state employees applying for a new account is opened, only the cards of the national payment system “World”.

By July 1, the credit institution was to provide a reception card “the World” in its ATMs and payment terminals.

The reason for the creation of the payment card “the World” became the sanctions imposed by the US on Russia in the spring of 2014. Because of them, 21 March 2014, the two largest payment systems Visa and MasterCard without notice blocked card operations the Bank “Russia”, its subsidiaries Sobinbank and SMP Bank.

With the maintenance problems faced cards and some other banks, in particular Bank. In December 2014, Visa and MasterCard stop servicing Bank cards in Crimea and Sevastopol (their work on the Peninsula resumed in April 2015).

Source