Mir emission peaked in Tatarstan in March — RealnoeVremya.com

A multiplication by five, then a decrease

There is a demand for Mir cards in Tatarstan, and its share is gradually increasing. This was told to Realnoe Vremya in the press service of Sberbank.

“There is a demand for Mir cards in Tatarstan, and its share is gradually increasing. However, there is no clear transition to cards of foreign payment systems yet, since all valid Visa and Mastercard cards continue to operate on the territory of the Russian Federation without changes,” they noted.

For example, in March this year, 133,827 Mir cards were issued in Tatarstan. For comparison: in January and February, residents of the republic opened 24,653 and 30,426 cards of this payment system, respectively.

Photo: realnoevremya.ru (archive)

At the same time, in April and May, their demand gradually decreased to 98,989 and 69,694 respectively.

In total, since March, residents of Tatarstan have received 302,510 Mir cards, since the beginning of the year – 357,589.

According to the Volga-Vyatka Bank of Sberbank PJSC (includes Vladimir, Kirov, Nizhny Novgorod, Perm Krai, Mari El, Mordovia, Tatarstan, Udmurtia, Chuvashia regions), in March, bank customers issued 583,002 Mir cards , in April — 442,334 cards, and in May — 320,047.

Since the beginning of the year, 1,625,310 cards of the Russian payment system have been issued in these regions, and 1,345,383 — since March.

As reported to Realnoe Vremya in the Ak Bars Bank press service, Mir cards have been issued to around 370,000 customers across Russia since March this year. In general, Ak Bars Bank has issued about 400,000 Mir cards since the beginning of this year.

Mir Pay instead of Apple Pay

American companies Visa and Mastercard, which provide payment transaction services around the world, announced the suspension of work in Russia due to the situation in Ukraine.

Visa cards issued in Russia ceased to operate outside the country, and those issued by foreign financial institutions ceased to operate in the Russian Federation. Mastercard has announced the end of support for cards issued in Russia. Foreign-issued “plastic” stopped working at retail outlets and ATMs in Russia. The Central Bank further explained that Visa and Mastercard cards can be used in Russia until the end of the term.

After that, the head of the National Payment Card System (NSPK), Vladimir Komlev, reported that by the beginning of March 2022, about 116 million Mir cards had been issued in Russia.

Last week, the media learned that in October, banks issuing such cards will be able to carry out payment and refund operations using QR codes. By the first half of 2023, this technology should be made public. Now the Mir Pay application is available for customers of more than 80 Russian banks. According to the head of the National Payment Card System (NSPK), Vladimir Komlev, he is in demand.

Photo: realnoevremya.ru (archive)

This is largely due to the fact that after the start of Russia’s special operation in Ukraine, Apple Pay and Google Pay services became unavailable to Russians. In March, Google suspended a pilot project to launch the Google Pay service for Mir cards.

Tatyana Leukhina

Analytics Tatarstan

Rose D. Jones