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Russian regulator to launch national payment system in mid-2015

The national payment card system will be based on the Russian Central Bank’s settlement and clearing center
Russian Central Bank ITAR-TASS/Sergei Bobylev
Russian Central Bank
© ITAR-TASS/Sergei Bobylev
We are planning to introduce stimulation methods (for the issuance of national payment cards). In particular, pensions and wages of public sector workers will be remitted to national payment system cards
Georgy Luntovsky
Central Bank First Deputy Chairman