OREANDA-NEWS. January 29, 2010. Subsidiary of BTA Bank-Temirbank (Almaty), securities of which are present in Kazakhstan Stock Exchange (KASE) official list, provided to KASE the following pres release, reported the press-centre of KASE:

Temirbank started issuing and servicing combined payment cards with magnetic strip and microprocessor.

Chip technology implementation of the EMV standard allows protection of cards from falsifications; increasing transactions safety in payment systems and Internet, decrease the probability of fraud with payment cards and extending set of additional services (bonus and discount programs), which will be accessible for Temirbank cards holders in the future.                       

The card business new technologies are microprocessor cards, which has advantages:

1. high level of protection from frauds and falsification;

2. chip extended memory;

3. multifunctionality;

4. оff-line operation mode;

5. high level of durability.

Their main advantage is transactions reliability and these cards almost can not be falsified.

Thus, beginning January 15 any client can address the bank to re-issue held card in a new format with chip.