Irkutsk
Ulan-Ude

Blagoveshchensk
Chita
Yakutsk

Birobidzhan
Vladivostok
Khabarovsk

Magadan
Yuzhno-Sakhalinsk

Anadyr
Petropavlovsk-
Kamchatsky
Moscow

This text is translated into Russian by google automatic human level neural machine.
EastRussia is not responsible for any mistakes in the translated text. Sorry for the inconvinience.
Please refer to the text in Russian as a source.

MDM Bank Announces Cooperation with China UnionPay Payment System

MDM Bank, one of the largest Russian commercial banks, announced cooperation with the UnionPay Chinese payment system. According to a press release from a financial organization, the joint project will implement the possibility of servicing payment card cards in an ATM network and MDM Bank terminals.

“UnionPay is the leader in the number of issued plastic cards in the world. We are glad that we were able to reach an agreement on mutual cooperation with UnionPay International, ”said Dmitry Kashtanov, Vice President, Head of the Electronic Business Directorate of MDM Bank.

At the first stage, the partnership will expand opportunities for holders of international UnionPay cards. Currently, the system serves 4,3 billion plastic cards. After the completion of the technical implementation of the project, UnionPay cardholders will be able to receive cash at the MDM Bank's ATM network, as well as pay at stores and shopping centers where the terminals of the MDM Bank cards are installed.

January 25: current information on coronavirus in the Far East
Digest of regional events and latest statistics