Tajikistan’s Amonatbonk (savings bank) and Russia’s Joint Stock Company (JSC) National Payment Card System (operator of the national payment system Mir) signed a roadmap on integration of the payment systems Mir of Russia and Korti Milli (National Card) of Tajikistan.
The document was inked here on November 12 by Ruhullo Hakimzoda, Chairman of Amonatbonk and Vladimir Komlev, Director General of JSC National Payment Card System.
The national payment systems of Tajikistan and Russia – Korti Milli and Mir – agreed to provide mutual service of their payment cards in infrastructures of participating banks.
Cooperation between the national payment cards of Tajikistan and Russia aims to promote further extension of ties between the two countries and strengthening of the national payment and the national currencies of both nations, according to the Amonatbonk press center.
The wok on integration of the payment systems of Korti Milli and Mir I expected to be completed before the end of 2019.
Mir is a national payment system established by the Central Bank of Russia by the law adopted on May 1, 2017. The system is operated by The Russian National Card Payment System, a wholly owned subsidiary of the Central Bank of Russia.
The system was devised in 2014 as a way to overcome potential blocks of electronic payments, after several Russian banks were denied services by US-based Visa and MasterCard because of the sanctions regime against them. The first cards working on the Mir system were launched in December 2015. Sberbank (savings bank), Russia's leading bank, started issuing them in October 2016. By the end of 2016, 1.76 million Mir cards had been issued by 64 banks, rising to 37 million by June 2018.
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