Ingenico partners Russian retailer for contactless payments

Accepting Visa payWave cards

Payment solutions provider, Ingenico, is partnering with Russian retail chain, Sedmoy Continent, to enable contactless payments to be processed in stores (view press release). By utilising Ingenico terminals the retail chain will now be able to accept Visa payWave cards. The scheme was implemented in partnership with VTB Bank, with technical support, including payment system certification, integration of the ECR solution and testing of MultiCarta, a processing company within the VTB Group.

Sedmoy Continent hopes that by September all its stores will be able to accept VISA payWave contactless payments. Customers who use the service present a card to the cashier and for a sum of less than EUR25, the transactions do not require any authentication such as a signature or PIN code entry.

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