Alfa-Bank and BPC Launch Visa PayWave in Russia
BPC Banking Technologies, a provider of Open System electronic payment (e-payment), has completed the first certified Visa PayWave launch in Russia, representing the latest step in Alfa-Bank’s implementation of chip technology. Now, with the help of BPC’s SmartVista, Alfa-Bank’s customers can enjoy the speed and convenience of contactless payments at the point-of-sale (POS). Low value transactions can be completed in less than a second, without the need for a PIN or signature. Implementation of the Visa PayWave project at Alfa-Bank took only three months to complete.
“Thanks to the experience of BPC’s team this project was completed in a few short months and at the highest quality level,” said Andrey Eramov, head of card processing centre development department, Alfa-Bank.