Aggregate turnover of funds by acquiring of VTB Bank (Kazakhstan) has exceeded 3,3 million
Since September 2013, VTB Bank (Kazakhstan) actively develops merchant acquiring – conducting cashless payments by means of payment cards. Since the launch by the Bank of the service «Merchant Acquiring», sum of payments executed through POS-terminals of VTB Bank (Kazakhstan) has amounted to more than 3 million tenge.
In December, Pavlodar, Aktobe and Kokshetau have become leaders in effective use of POS-terminals of the Bank. POS-terminals of VTB Bank (Kazakhstan) are fitted with special sim-cards of Kazakhstani mobile operators, so there is no need to connect them to phone line or Internet. Wide range of technical solutions, high speed of processing operations on payment cards, convenient menu and ease of using POS-terminal allows you to conduct operations quickly and safely.
Dinara Zhakenova, Director of the Department of Retail Business of Subsidiary JSC VTB Bank (Kazakhstan): «Use of POS-terminals in conducting payments provides increase of transparency of financial transactions, growth of tax revenues, as well as significantly reduces the costs associated with maintenance of cash turnover».
At the present time the Bank cooperates with 74 enterprises, including supermarkets, gas stations, pharmacies, clothing stores, hotels, pawn shops, restaurants and other organizations that accept Visa International payment cards. VTB Bank (Kazakhstan) intends to continue active work on installation of POS-terminals.
Let’s recall that Law «On payments and transfers» provides that from January 1, 2013 legal entities and individual entrepreneurs using generally established taxation regime must ensure installation of equipment (device) for accepting payments with the use of payment cards (POS- terminals) at places of executing their activities, as well as accept payments with the use of payment cards. From January 1, 2014 this article will be applied to all legal entities and individual entrepreneurs regardless of regime. According to the Ministry of Finance of the Republic of Kazakhstan from December 4, 2013 Parliament of the Republic of Kazakhstan has accepted a bill containing the norm on postponement of the transition from January 1, 2014 to July 1, 2014.
SO JCS VTB Bank (Kazakhstan) - is 100% subsidiary Bank of the largest Russian VTB Bank OJSC. License of the FSA of the RK No. 1.1.259 dated 22.05.2009.
The Bank was assigned international rating at the «BBB-» / «Stable» forecast level from Standard & Poor’s Agency that indicates its positive and stable financial condition. VTB Bank and its subsidiaries form international financial group which conducts its activities in Russian and foreign markets. VTB Group consists of more than 30 banks and financial companies in 20 countries of the CIS, Europe, Asia and Africa. The major shareholder of VTB – is the Government of the Russian Federation (60,9%).
VTB Group provides full range of financial services, including bank servicing of private and corporate customers, investment and banking and additional financial services including leasing, factoring, insurance and pension coverage.