Russian Bank Scuttles Alternative Payment Card
Sberbank, Russia’s largest bank, last month officially abandoned plans to develop its Sberkart payment card program into a national payment system that would compete with Visa and MasterCard....
View ArticleRussian Bank More Than Triples Card Numbers
Siberian Bank of Sberbank, Russia’s largest bank, in July issued sharply more credit cards than during the same month a year ago, the bank told PaymentsSource.
View ArticleSberbank Becomes Top Russian Issuer In Less Than A Year
By more than doubling its card-issuance total this year, Sberbank Ltd. has became one of Russia’s top five credit card issuers by number of cards issued, a spokesperson for the bank tells PaymentsSource.
View ArticleCard Brands, Issuers Report Dramatic Rise In Russian Card Market
Russian banks have issued 70 million Visa credit and debit cards over the past decade, the card company reported this week as it celebrated its 10th anniversary in Russia. “On a per capita basis, that...
View ArticleAmEx Inks Issuing Deal With Russia’s Sberbank
American Express Co. and Sberbank Ltd have reached an agreement enabling Russia’s largest bank to issue AmEx cards beginning early next year, the companies announced Nov. 11.
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