Alexey Filippov: «In the near future, bank cards are going to be safe and sound» (80,00 руб.)

TECHNOLOGY CARTES 2015 Alexey Filippov: «In the near future, bank cards are going to be safe and sound» Alexey Filippov, the CEO of YARUS, talks about the merchant acquiring market in Russia, the functionality of modern POSterminals, and about the prospects of the payment card industry. <...> Russian Card World: Alex, do you believe that the Russian merchant acquiring market is now completely formed and stable? <...> Are we going to see new players in the nearest future? <...> There are several major market players, with Sberbank in the lead role. <...> It is hardly possible for significant new players to enter this market. <...> A. F.: It is well known that payment card acceptance infrastructure in Russia today is not equally developed in the different regions of the coun try. <...> Most merchants’ POSterminals are installed in Central Russia, pri marily in Moscow, St. Petersburg, and the surrounding areas. <...> Outside these regions, the situation of the payment card acceptance infrastruc ture is in striking contrast to Moscow, for example. <...> RCB: What are the main growthpromoting factors in the regions outside Moscow? <...> A. F.: The role of the government is certainly important, but de mand from merchants is growing. <...> Many retail market players try to compete by offering better servic es to their clients, and card ac ceptance services are one of the most valuable components of highquality services. <...> In addi tion to this, a merchant can save money in cash collection and lo gistics business processes and improve the safety of cashiers (who have less cash stored direct ly at the cashpoint). <...> Card acceptance services will increase the transparency of payments and lead to better tax collection rates. <...> Today, according to Russian law, merchants must offer their customers the opportu nity to make bank card payments. <...> In particular, the Russian Federation Consumer Protection 40 10 2015 TECHNOLOGY Spesial Issue Act requires all points of sale to give customers the opportunity to use different methods of payment, including cash and card payments. <...> The Russian Federation Code of Administrative Offences says that legal entities are to be <...>