OREANDA-NEWS. November 09, 2012. Sberbank of Russia and the Visa company have launched the new service1 "Visa Payments and Transfers" for Sberbank Visa card holders.  The new service makes it possible to instantly deposit funds to debit cards, pay off credit card debts, and transfer money to any Sberbank Visa cards, reported the press-centre of Sberbank.

Money transfers can be made in several ways: through the shops of the Svyaznoi federal retail network and ION digital centers, QIWI payment terminals, CyberPlat and Eleksnet, websites and online banking systems of a number of banks, as well as Qiwi Wallet and Yandex.Money e-wallets. For example, parents in the city of Saratov may come to a Svyaznoi shop and deposit funds to Sberbank Visa card owned by their son, a student in Novosibirsk.

The cashier will only need the card number to make such a transfer. Money will be deposited within seconds. Credit on Sberbank Visa card issued in Irkutsk may be paid off by cash through a QIWI terminal in any city. Money will be transferred instantly. In total, the service is supported by more than 200 thousand terminals throughout the whole territory of Russia.

Money can be transferred to Sberbank Visa cards both from any bank's card account and by cash. The service is made as simple as possible to use, since it does not require any paperwork, entering bank details or the receiver's bank branch address. The sender only needs the receiver's card number. And the receiver does not even have to go out in order to receive the transfer.

"The new service makes instant transfers available for millions of our clients in the most distant regions of our country," emphasized Alexander Torbakhov, Deputy Chairman of the Management Board of Sberbank of Russia. "Now, as Sberbank Visa card holders, they can deposit funds to their cards through any terminal that supports the service or receive funds from other cities of Russia and from abroad in seconds."

"We try to make Visa services and products easy to access, not just safe and convenient. This issue is of special importance for a country with such a large territory, like Russia," said Steven Parker, Visa's General Director, Russia, CIS & South-East Europe.