Novikombank of the Card with contactless the chip modules

2020: Mass card issue with contactless the chip modules

On February 19, 2020 the Novikombank company reported that it began mass card issue with contactless the chip modules, made by the Moscow enterprise "Mikron".

According to the company, the card of Novikombank equipped the Micron chip module allows to perform contactless payment of purchases and also cash withdrawal in the territory of the country without the commission at what transactions on the Internet are safe thanks to technology Accept World.

This chip for contact and contactless payments – the domestic product conforming to all international standards. He was developed and let out by Mikron company. Alexander Prokhorov, the Head of Department of investment and industrial policy of the city of Moscow told

The chairman of the board of Novikombank Elena Georgieva noted that the bank not only gives a financial support to the enterprises of the knowledge-intensive industries among which – the microelectronics, but also actively implements modern technologies in the products. Application the chip module of domestic production on the World cards is a milestone event for the payment industry as now holders of cards can use completely domestic development which is not depending on external influence in everyday life.

The Russian bank chip supporting technology of contact and contactless payments is a modern hi-tech product, meeting all market demands and the international standards of security. Gulnara Hasyanova, the CEO of PJSC Mikron told

In 2019 the chip is certified by the National Payment Card System (NPCS) for use in Mir payment system and conforms to all international standards of security.