27 January, 2012

The boom tips on payments market

Representatives of the payment systems MasterCard, Visa and the "Golden Crown" announced the creation of the Association "The National Payments Council," which should combine the operators of payment systems and remittances, as well as banks. Meanwhile, the Russian Union of Industrialists and Entrepreneurs has already obtained the agreement of several large banks to become one of the founders of a similar organization that invited the same participants, followed by ready to take away from "rationing" and the name of the association.

Yesterday the head of the "Golden Crown", as well as Visa and MasterCard in Russia has officially announced the creation of the association, which "will contribute to the development of Russia's payment industry" that the founders of the organization to substantiate the negative market statistics of non-cash payments. "Today, the share of non-cash payments in the retail market in Russia is only 7% of the total, while in mature markets, it is 30-40%," - said General Director of Visa in Russia, CIS and South Eastern Europe, Stephen Parker said.

The Council intends to not only contribute to the emergence of new payment products and to study the state of the market of payment systems, but also to participate in the development of regulations and bylaws that will appear in the Federal Law 161-FZ "On the national payment system", which entered into force on September 29, 2011 year. Actually, as stressed by participants of the press conference, the adoption of this law, the original version of which contained some "distortions", and was the starting point for bringing together of competitors. "There is a blessing in disguise" - assessed in connection with the adoption of the law the head of Russia's Ilya Riaby MasterCard. The first members of the advisory council are going to interact with the central bank and government. "Prior to enactment of the NPC's leading market players, the card payment system did not have a supervisory authority, - says Vice-President of the Association of Regional Banks of Russia Oleg Ivanov .- now monitoring their activities engaged in securities, which means that they need to lobby for their interests." In this regard, NPC - Narrow this association, he added. The Bank of Russia praised the creation of NPCs briefly: his work "can have a positive impact on the development of this industry," leaving without comment the Council's intention to actively influence his work.

At the same time a preliminary agreement to participate in the Supervisory Board of the Central Bank profit partnership created to bring together the entire market of cashless payments already received the RSPP. It is assumed that the Supervisory Board in partnership will also include representatives of the Deposit Insurance Agency (DIA confirms deputy Andrei Melnikov), Federal Financial Markets Service, Ministry of Finance, law enforcement, national security and the Ministry of Communications. On this "Y" said vice president of RSPP, Alexander Murychev, chairman of the organizing committee of the nonprofit partnership. "The signatures of the founders, among which will include Sberbank, VTB, Alfa Bank, PSB, Deutsche Bank and other major actors in the banking market, has already been collected. We are preparing documents to file for registration with the Ministry of Justice, we can only resolve the issue with the name of the organization," - he said. According to him, the name may be different from the name of "small" NES on a word or have to change yourself "small" NPS, working partnership will be officially launched in February. In total, according to Mr. Murychev their participation in the future the council confirmed the approximately 50 participants, including providers of cellular and trade unions.

Founders of "card" NPC called potential participants of the organization of the number of banks declined, stating, however, that "the negotiations on this subject being". Bankers invited to this association and intending to join it, "b" is not found. In theory, nothing prevents them to enter at once into two councils, but against the goals and objectives of the "big" NPS is hardly necessary, although the RSPP and denies the possibility of competition between the two Councils. "The composition of the founders and the number of participants in NPC, the initiative for which was largely owned by business organizations, with representation of a wide range of market participants, suggests that it will be much more powerful organization", - stated the deputy chairman of Alfa Bank, Vladimir Senin, confirming that bank management and board of directors decided to enter one of the founders of the nonprofit partnership.

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