OREANDA-NEWS. Subsidiary VTB Bank (Kazakhstan) JSC (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following information statement:

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Subsidiary VTB Bank JSC (Kazakhstan) has successfully launched the project for acceptance and servicing UnionPay International international payment system cards. Since January 2016 the Bank’s trade POS-terminals and ATMs in addition to Visa and MasterCard will also serve the UnionPay International international payment system cards. UnionPay International international payment system occupies the 1-st place in the world in terms of the number of cards in circulation, more than 4.5 billion payment cards have been already issued.

UnionPay International provides an opportunity to use the cards to pay for goods, services and cash withdrawal in 150 countries around the world. UnionPay International cards are issued in more than 40 countries and they have all the benefits of the global payment systems that are protected by 6-digit PIN code. We are pleased to announce the introduction of a new service that will help to make service for our customers more comfortable and convenient, says Dinara Zhakenova, Director of Retail Business Development Department, VTB Bank (Kazakhstan). - In the light of the fact that in January 2016 the Law “On mandatory use of POS-terminals in retail outlets” became effective, implementation of the UnionPay International IPS will help our customers-owners of POS terminals to significantly expand their capabilities and increase the customer base.

Nowadays about 100 ATMs and more than 1000 POS-terminals of VTB Bank (Kazakhstan) operate within the territory of the Republic.

For additional comments you can always contact the press-service:

Arina Pirogova
Subsidiary VTB Bank JSC (Kazakhstan)
Tel: 8 (727) 330 59 20 int. 59 20
E-mail: A.Pirogova@vtb-bank.kz
web: www.vtb-bank.kz
Facebook: BankVtbKazahstan

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