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Card of payment by installments Intersection

Product
Developers: Intersection, trading house, BKS - Investment Bank
Date of the premiere of the system: June, 2019
Branches: Trade

2019: Card issue

On June 6, 2010 within the St. Petersburg International Economic Forum of X5 Retail Group and BKS bank signed the agreement within which the companies agreed about release of digital maps for purchase of goods in Perekryostok network by installments.

Using virtual cards clients will be able to make credit buyings with a grace period. Cards can be issued in several minutes, they will be accesses in all supermarkets of network. Will be to provide to buyers for approval of a credit limit enough passport data, says X5 Retail Group.

"Перекр§сток" began to sell food on credit with contactless payment

The digital maps issued together with BKS Bank are intended only for contactless payment and cannot be used in other shops.

The chairman of the board of BKS of Bank Dmitry Peshnev-Podolsky noted that experiment of bank on creation of digital banking products will allow "to build in most seamlessly new service of payment by installments an ecosystem of Intersection from a personal account of the client to QR codes in a design of trading floors".

Due to start of such service of X5 expects to expand the choice of instruments of payment for buyers, the chief financial executive of the company Svetlana Demyashkevich said.

According to her, against the background of a real income of Russians access for consumers to money allows to facilitate such cards of payment by installments. Such cards will allow to support the goods demand of daily demand.

In BKS Bank" told that prepare cards of payment by installments and for other retailers. The bank is going to sign similar agreements with networks of other spheres: sellers of clothes, gas stations and others.

Earlier Intersection had only debit and credit cards issued together with Alfa-Bank and "Tinkoff bank". The competitive Dixy group has a similar card of payment by installments combined with the loyalty program, but it can pay off in any shops, as well as the normal card.[1]

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