Friday, February 10, 2017

The public sector was allowed instead of a card “the World” to get paid in cash – RBC

16:15

the public sector is allowed instead of a card “the World” to get paid in cash

Photo by: Safron Golikov]

FAS and the Central Bank agreed to allow state employees to abandon the card “the World” in favor of cash from January next year. The transition to cards can already begin in July 2017.

public sector Workers will be able to opt out of charging their salaries on the card “World”. About it reports “Interfax” with reference to the head of the Federal Antimonopoly service Igor Artemyev.

According to Artemyev, the agreement already reached between FAS and the Central Bank. Discard the card will be 1 January 2018. “But in this case they will be able to get your money in cash only at the box office,” — said the head of the FAS waiver rules from the map.

Also, FAS and the Central Bank agreed on a mechanism whereby the pool of the Russian banks will serve the cards.

the timing of the transfer of budget on a card “the World” is not yet defined. Under the bill, which is now being considered in the state Duma, the transfer of all budgetary and social benefits should be on the card “the World” from 1 January 2018.

the Bank is proposing to begin the transition to card six months early, from 1 July 2017. To fully complete the process of transition to public sector employees in the Central Bank want six months later by July 2018, and for seniors — even just to the beginning of 2020. According to the head of the Central Bank Elvira Nabiullina, the infrastructure of the payment system is fully ready.

national payment card “the World” is available in under the national system of payment cards (nvqs). It was created in the summer of 2014, when international payment systems Visa and MasterCard stopped servicing cards came under sanctions banks.

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