OREANDA-NEWS. LOCKO-Bank announces its joining the National System of Payment Cards (NSPC) since March 6, 2015. Now all transactions with LOCKO-Bank’s cards in Russia, such as the issuance of ATM cash, payment of purchases and money transfers will be processed by clearinghouse NSPC. Settlements of such transactions will be made through the Central Bank of the Russian Federation.

Andrey Lyushin, Deputy Chairman of the Executive Board, commented:

“One of the main criteria for customers to choose a bank is its reliability and transactions security. We are trying to ensure maximum safety of the customer funds and protect the ongoing payments. In addition, LOCKO-Bank, following modern trends, in a timely manner participates in all significant bank card market events. This event is the first step in the process of LOCKO-Bank’s embedding in the national payment system that will increase the efficiency and safety of bank card transactions in the future.”

Joining the National System of Payment Cards was in partnership with Rosbank, which is a provider of processing LOCKO-Bank’s cards since 2004.