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AKIBANK’s processing center for VISA and MasterCard payment systems has been successfully rolled out

May 23, 2008

AKIBANK's processing center, which is based on the 3Card-F software system, started an issue and an acquiring of plastic cards for VISA and MasterCard software systems under the sponsorship of Uralsib Bank.

This solution has a built-in version of the 3Card-F online processing center, specifically designed for an automation of authorizing messages’ exchange and processing in real-time mode. The 3Card-F system can support a full-scaled authorization process for both single and multiple principle members of payment systems of any kind: issuers, acquirers and interchange centers.

«Day after day, the 3Card-F proves its effectiveness and overall ability to support banks’ activities and card projects for the local, national and international payment systems. No doubt that this ambitious and successful engagement of the 3Card-F system will allow the Bank, one of our elder customers, to accomplish another step en route to the solidification of its rankings in card business”, commented SST deputy director Boris Fedorov.

About AKIBANK

AKIBANK (joint stock commercial mortgage bank) was registered by the Central Bank of Russian Federation under the license number 2587. AKIBANK JSC is a principle member of the national mandatory deposit insurance system under the number 237. Its Moody’s ranking of creditability is Baa2.ru.

Bank’s main stockholders include companies of different forms of ownership but always with stable revenue and solid financial stature. Among them are Tatenergo OJSC, ASCO Ltd., ASSA Ltd., ‘Kamskiye Avtomobili’ JSC TPK and others.

AKIBANK’s mission consists in economic assistance to the communities, supported by the Bank, by providing citizens and legal persons with a great variety of qualitative bank services in such way that they will fully correspond to the highest ethic and professional standards.

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