The terminals allow merchants to accept payments carried out via Visa payWave contactless cards. For payments under 1,000 rubles (around EUR 25), the transactions do not require any authentication, such as the cardholder’s signature or PIN code entry.
This project was implemented in partnership with VTB Bank, with the technical support - including payment system certification, integration of the ECR solution and testing - of MultiCarta, a processing company within the VTB Group.
The first supermarket to accept payWave contactless payments in Russia was the flagship store Seventh Continent in Moscow. By September 2012, the entire network of The Seventh Continent, numbering 156 stores, is set to be able to accept VISA payWave contactless payments.
Ingenico’s solution is based on an iPP320 terminal with an embarked contactless module.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now