Duties in Charge of Banks

Will the equipment of all new payment card with chips affect on the cost of care for clients?

Александр  Alexander Falev
CEO, ROSGOSSTRAKH BANK
It will depend of the policy of each individual bank. For instance our bank stated on initiation of issue of chip based plastic cards yet by the beginning of the last year. The issue of plastic cards with additional functional possibilities is conducted within the framework of current tariffs without supplementary commission fees and over payments.
Ирина  Irina Simakova
Deputy CEO, OJSC Pervobank
There is no direct link between the cost of card service and availability of chip. All of our card accepting devices are equipped with specific software that reads information from the cards with chips.
Денис  Denis Khrenov
Senior Vice-President, Intercommerce Bank
No. Increase of the price of the blank is insignificant compared to the price of the most popular classic and premium card products that are becoming more popular (Gold, Platinum etc.).