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Sberbank expects a sharp reduction in the issue of plastic cards
Sberbank CEO German Gref said that fewer physical plastic cards will be issued in Russia in the coming years. Already, 55% of the emission of plastic has been closed in the ecosystem.
According to TASS, the downward trend in the circulation of plastic cards began with the transition to greener technologies and the development of contactless payment methods, virtual cards and other services.
At the same time, Gref noted that the remaining plastic will be produced using environmentally friendly technologies. Sber already has partners to issue the remaining small batch of cards in circulation.