VTB News (Kazakhstan)

28 may 2018

VTB Bank (Kazakhstan) declared on the issue of payment cards Masterсard

VTB Bank (Kazakhstan) started issuing of payment cards of the international payment system Masterсard.

- Own Bank emission will open new opportunities for our clients. MasterCard is one of the most popular payment systems all over the world, cards with which you can pay in more than 210 countries, - said the Director of Retail Business Department, Member of the management Board of VTB Bank (Kazakhstan) Artem Badykov. – We are issuing Mastercard with contactless payment technology, so that purchases could be paid easier and faster. Additionally, when payment for goods and services is through the Internet, cardholders are protected by MasterCard SecureCode technology, ensuring the payments security.

Now Mastercard debit and credit cards are available for clients of VTB Bank (Kazakhstan). To order the card, the client shall apply to any branch of VTB Bank (Kazakhstan) with the submission of the identity document. Also any client of the Bank or the organization and individual entrepreneurs can open the card for payroll and take on the payroll projects at VTB Bank (Kazakhstan) on the favorable terms.

- Mastercard is a global payments system and technological company, our products help to solve a variety of tasks even easier and more convenient, and we are very pleased that now you can open Mastercard and in VTB Bank (Kazakhstan) – said the Managing Director of Mastercard in Kazakhstan, Armenia and Belarus, Nina Willems. – Our team is constantly working to ensure that innovation was available in Kazakhstan and we hope that Mastercard cardholders will appreciate their benefits – whether you are traveling in other countries or use the card at home.

The client applied to VTB Bank (Kazakhstan) to issue cards of any payment systems gets SMS – informing and connecting to Internet banking; cash withdrawals without a fee at the ATMs of VTB Bank (Kazakhstan) and Halyk Bank, and ATMs of VTB Group in the CIS countries. Holders of premium cards can be provided with insurance during travel. Cardholders will also be able to use the full range of additional services provided by MasterCard service MasterCard emergency support 24/7, special offers and promotions, which can be found on the website of the company.

Subsidiary VTB Bank JSC (Kazakhstan) is a member of VTB international financial group. The Bank has successfully worked more than 8 years in the financial market of Kazakhstan. To date, Subsidiary VTB Bank JSC (Kazakhstan) has a branch network, consisting of 39 structural subdivisions, 17 of which are branches. The Bank's Central Office is located in Almaty. The license of the National Bank of the Republic of Kazakhstan No.1.2.14/39 dated December 23, 2014.

About Mastercard

Mastercard (NYSE: MA) https://www.mastercard.ru/ru-ru.html – technological company in the global payments industry. We manage the world's fastest payment processing network that connects consumers, financial institutions, trade organizations, government, and business structures in over 210 countries and territories. Products and solutions of Mastercard make it easier, safer and more efficient to solve everyday tasks such as shopping, travelling, conducting business and managing finances. Follow us on Twitter @Mastercard_RU and Mastercard Facebook, join discussions in the blog Beyond the Transaction and subscribe to our newsletter Engagement Bureau.

About technology of contactless payment Mastercard

The contactless payment technology Mastercard is an innovative one-touch payments technology that provides a fast, secure and convenient way to pay for everyday purchases and services. Card or other device (mobile phone, sticker, wristwatch, etc.) with this technology it is not necessary to pass to the cashier with just a touch to the contactless terminal at the checkout. When buying for 5000 tenge it is not necessary to enter a PIN or sign a receipt.

Payments with this technology are as secure as any other Mastercard products. When the card is moved to the terminal, the encrypted dynamic security codes unique to each transaction start to operate. In addition, Mastercard does not allow issuers to write the cardholder name on a chip. A three-digit code printed on the reverse side of the card is not transmitted when communicating with the terminal. Additional levels of protection are provided and on the part of issuing banks and acquiring banks, the following security requirements of the payment system.

Payments by Mastercard contactless technology are available in more than 7 million outlets in 107 countries, including 50 European States.

The network of Mastercard contactless payment is constantly expanding and in Kazakhstan. More and more different retail and service companies are adopting this technology. For example, from December 2015 with a contactless Mastercard, you can pay for trip in Almaty metro.

For detailed information on innovation contactless technology Mastercard, please address the website http://www.mastercard.com/kz/ru/consumer/paypass.html