Payment cards

      Dear colleagues!

     Starting from 1999 OJSC Finance and Credit Bank possesses the status of the MasterCard Worldwide and VISA International Principal member and holds all international payment system licenses, including the right to issue and acquire cards (as well as cash delivery, ATMs, points-of-sale).

    The own processing center of Finance and Credit Bank is certified by Visa International and MasterCard Worldwide international payment systems. Payment cards operations are processed in full compliance with these international payment systems functional requirements.

     Finance and Credit Bank is certified for issuing and acquiring of VSDC (VISA Smart Debit/Credit) payment cards of the EMV standard in VISA International, including POS-terminals and cash machines. The Bank has started issuing VISA cards and VISA card settlements are made through accounts in Euro. The project for certification of chip cards of MasterCard Worldwide payment system for servicing payment cards in the Bank’s acquiring network is being finalised.

      The Bank is dynamically implementing new card products and programmes aimed to attract a wider range of customers.

     The status of the Principle member of MasterCard Worldwide and VISA International enables Finance and Credit Bank to offer you a number of programmes for your own card business development that take into account your Bank’s peculiarities, targets and tasks.

    
Sponsor’s support in MasterCard Worldwide and VISA International payment systems 

    Having sponsor’s support from Finance and Credit Bank, you will be provided with a full range of services required for comprehensive operation on payment cards market:

• Complex of informational and advisory services and methodological support for Partner bank operation in IPS (international payment systems) exercising the rights of Affiliate/Associate/Access Deposit member.
• Provision of assistance in making card designs and selection of producer company of plastic blanks. Carrying out training for partner organization personnel concerning interaction with payment systems, technological issues related to cards issuance.
• Performing functions of the bank of settlements while making settlements with clients and international payment systems.
• Representation of partner organization interests in international payment systems.
• Technological servicing of payment cards.
• Provision of permanent advisory support for partner organization personnel.
• Monitoring of transactions 24 hours a day and 7 days a week.

Support of Affiliate/Associate/Access Deposit member card programmes and settlements with payment systems are made by the Bank’s Processing center

    Interaction of partner organisation as IPS participant stipulates for allocation of guaranty funds in Sponsor bank for covering risks on payment card transactions. The amount of guaranty funds is established for every calendar month and calculated based on transaction turnover of Affiliate/Associate/Access Deposit member in the previous month.

Processing service

     The Processing center is built on the basis of TSYS Card Tech company hardware (Great Britain). This software includes a full range of card industry advanced technologies – payment cards issuance, merchant acquiring, authorisation and electronic exchange of files, risk monitoring, work with claims, Internet-commerce and allows supporting cards with magnetic stripe as well as chip-cards. It is providing:

• technological support
• processing of transactions and making settlements
• technical services
• technical support of terminal equipment
• round-the-clock customer support 
• SMS and Internet banking
• licensing and certification
• work with claims
• consultancy services
• Internet-commerce

Porting and processing service of cash machines

     OJSC Finance and Credit Bank provides services that include installation, porting and processing of Diebold and Opteva ATMs.

   The Bank’s Processing center is able to connect ATM brands supporting Diebold 912 protocol or having the mentioned protocol emulations under IP protocol means. Datacom, Infocom, Golden Telecom can act as connection providers.

     Monitoring and on-line control of ATMs is realised by the monitoring unit of the Bank or partial deligation of ATMs monitoring functions to a partner bank.
       
Finance and Credit Bank ensures:

• Registration and testing of ATMs in the authorisation system and controller of Processing center cash machines.
• Installation, setting-up and support of software.
• On-line monitoring and control over all ATMs.
• Technological support of cash machines.
• Telecommunication services while connecting the terminal equipment of a partner bank to the Processing center and provision of communication modules support. 

   Moreover, the Bank is ready to assist in buying automated telling machines, as well as provision of advisory services with regard to their installation and further exploitation.

Cash withdrawal from international payment cards through POS-terminals

   The cooperation with Finance and Credit Bank in the field of cash withdrawal from international payment cards VISA, MasterCard in cash withdrawal pointsts of Partner bank envisages the conclusion of Agreement on cash withdrawal from international payment cards, and also establishment of direct correspondent relations between banks. The Bank connects Partner bank terminals to its Processing center, processes authorized requests. The reimbursement of money funds on executed operations takes place on the next bank day to Partner bank’s correspondent account.   

   At the same time the Bank independently establishes tariffs for cash delivery on cards issued by other banks and receives income in the form of cash delivery commissions. 

Bank’s Processing center provides:

• round-the-clock authorisation of transactions;
• equipping of Partner banks’ cash delivery outlets with POS-terminals supporting VSDC (Visa Smart Debit/Credit);
• provision of qualified assistance in selection, installation, connection and servicing of cash machines and POS-terminals on the basis of Bank’s processing center;
• training of Partner bank personnel on service rules of card holders and arrangement of operations with their use; 
• free of charge provision of expendable materials;
• operative consultations in case of difficulties arising during card transactions arrangement;
• resolution of disputes arising while servicing payment cards holders.

   In case you find our proposals interesting, we are ready to discuss cooperation options (salary projects, individual marketing and discount programs, co-branding projects and so on.), and also to provide you with necessary support in servicing your clients.  

   Finance and Credit Bank always takes an individual approach to each organisation, which allows us to settle all financial and technical issues and reach mutually beneficial cooperation terms.