Alexander Falev
CEO, ROSGOSSTRAKH BANK
Most of the credit institutions are independently shifting to issue of chip based cards. So, according to the data of the last year 16.9% of the banks have completely moved to chip based cards, and 31.3% - partially. Majority of banks (79.3%) have already equipped their ATMs and terminals with devices to support all types of cards.
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Irina Simakova
Deputy CEO, OJSC Pervobank
The ratio of chip based and magnetic stripe cards of Russian banks varies considerably. In our bank today 25% of active cards are chip based, but their share is growing rapidly - most of the new cards are produced with the chip.
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Denis Khrenov
Senior Vice-President, Intercommerce Bank
Yes, we think it is the majority of cards, if we exclude the Prepaid cards that do fall under the requirements of the Provisions 382-P.
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