26 April 2017 WILL MIR CARD OPERATE ALL OVER THE WORLD?
National Card Payment System (NCPS) and Mastercard are negotiating the prospects for co-badging Mir Card with Mastercard, reported banking sources.
This partnership will enlarge Mir Card’s positions in the international market as one of the global payments systems, says PLUSworld.ru. About 40 million cards are likely to be issued, as banks will be giving out Mir Card to all civil servants since 1 July 2017. Civil and military servants should receive cards till 1 July 2018, pensioners – till 1 July 2020. As for civil servants, their account should be linked only to Mir Card. Now banks are issuing Mir-Maestro cards that are less comprehensive in terms of the services provided.
Answering the questions of PLUSworld.ru , NCPS told that they don’t want to give their comments on gossips around the initiative.
Back in 2016, NCPS and the Bank of Russia held talks with Visa that are still underway. For the moment, there are some verbal agreements on cooperation with JCB, American Express and Union Pay that haven’t come to any result so far.
26 April 2017 MOSCOW MINT CELEBRATES 75TH ANNIVERSARY
The Moscow Mint, Goznak’s branch, marked on 25 April 2017 its 75th anniversary. In 1942, the Leningradskiy Mint, evacuated to Krasnokamsk since the Great Patriotic War broke out, was struggling to produce war decorations, orders and medals. Then the Council of People’s Commissar ordered to initiate the issuance of war medals in Moscow. A newly created Moscow Mint was provided with production facilities for issuing of medals and orders.
The prints works saw the launch of its toolmaker shop and production. The Krasnokamskiy Mint developed technologies, collected instruments to passed them over to Moscow.
Today the Moscow Mint, Goznak’s branch, is one of the largest issuers of coins and orders in the world. It is the main issuing authority responsible for all denominations of coins. Specialists of the Moscow Mint deliver high performance ensuring successful production of state and departmental awards, exchangeable and commemorative coins that are satisfying the needs not only of the Bank of Russia, but other Russian credit institutions and world central banks as well. (Source: Goznak’s press-service)
26 April 2017 SWITZERLAND 50 FRANC WINS BANK NOTE OF THE YEAR AWARD
The International Bank Note Society (IBNS) announces that its voting membership has selected the Swiss National Bank to receive its prestigious «Bank Note of the Year Award» for 2016. With almost 120 new banknotes released worldwide during 2016, over half were of sufficiently new design to be eligible for nomination, IBNS was quoted as saying by INTERFAX.RU.
The Switzerland 50 Franc note is the first new design the Swiss National Bank has released in 20 years. While the Swiss 50 Franc hybrid note was the narrow winner, runners-up in very tight voting were the Maldive Islands 1000 Rufiyaa tortoise/whale shark, Argentina’s 500 Peso jaguar, and the Royal Bank of Scotland’s 5 Pound first polymer note.
Banknotes nominated must have been issued to the public (specimens and non-circulating currencies are inelligble) for the first time during the year of the award, and must have artistic merit and/or innovative security features, and be in general circulation.
IBNS was established in 1961. Now it gathers over 1.8 thousand members from more than 90 countries including Russia.
21 April 2017 DUMA GAVE GREEN LIGHT TO MIR CARD FOR CIVIL SERVANTS
Civil servants should move to the Mir Card by 1 July 2018 and pensioners – by 1 July 2020. Following the third session, the MPs have passed a draft bill on Mir cards that should be issued to civil servants and pensioners. Mir cards are to be issued to all Russian residents since 1 July 2017, with civil servants and militaries should receive their wages via Mir cards by 1 July 2018 and pensioners – by 1 July 2020. Card holders will be provided with free-of-charge issuance and maintenance.
Earlier at the second session, the MPs agreed to suspend issuing of the Mir Card to retail with the income of 40 million rubles by 1 October 2017, says Interfax agency.
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