OREANDA-NEWS. January 29, 2015. The signing ceremony of the Agreement on cooperation between Russian Agricultural Bank (RusAg) and UnionPay International took place in Shanghai.

The Agreement provides for development by RusAg of the ATM and merchants (POS) network accepting UnionPay cards and support of its further extension by UnionPay International.

Cooperation with UnionPay will facilitate enhancement of Russian Agricultural Bank card business, including an increase in issuance and transactions volumes and expansion of the Bank’s card acceptance.