OREANDA-NEWS.  CINCO-BANK is the first bank (out of affiliated participants of MasterCard payment system, providing bank cards issuing and acquiring under the sponsorship and processing of the Bank of Moscow) which started the issue of payment cards with PayPass contactless interface. The Bank of Moscow itself already issues MasterCard PayPass cards and VISA Paywave cards and offers issue and servicing of cards with such an interface for its partner banks.

"We encourage our partner banks to use all the modern technological developments, introduced to the processing of the Bank of Moscow, for example, PayPass and Paywave, for maximum. Filling the service and product line with innovative and demanded offers is a short way to increase the competitiveness and profitability," — said Denis Seredenko, the Director of Department of e-commerce and e-channels development of the Bank of Moscow.

"Offering MasterCard PayPass contactless cards to our customers highlights our bank as the one, keeping up with the market leaders in payment technologies. Our immediate plan is increasing the volume of contactless cards issue and the organization of their servicing via our terminal network," — said the Deputy Chairman of SINKO BANK — Tatiana Zhmereva.