04/12/2021

Russian countrywide payment program “Mir” gets to be out there in South Korea

  • BC Card, the most important payment processing firm in South Korea, firstly affiliate marketers with NSPK to procedure Russian nationwide payment process “Mir” among the its 3.2 million domestic retailers.

  • From past year, BC Card experienced begun to cooperate with NSPK, a Russian countrywide payment card method enterprise, the operator of national payment method “Mir”, to create their cross-border payment network.

  • Thanks to cooperation, Russian people can use their own Mir playing cards in South Korea significantly a lot more conveniently.

SEOUL, South Korea, June 30, 2021 /PRNewswire/ — BC Card, the biggest payment processing organization in South Korea, to start with affiliate marketers with NSPK, a Russian national payment firm, to procedure card payment of “Mir” method in South Korea.

As a Russian countrywide payment procedure, Mir has 158 Issuers and 265 acquirers. Also its acceptances are unfold about 11 international locations. According to NSPK, 98.7 million cards have been issued in Russia as of May possibly 1st, 2021.

Thanks to the cooperation, Russians who visits South Korea will turn into capable to use their individual Mir credit score or debit card on BC Card’s 3.2 million merchants in South Korea.

In advance, BC Card had cooperated with NSPK to affiliate their payment network so as to establish their cross-border payment infrastructure and discard a necessity of additional exchange fee for international payment. BC Card will continually advance its domestic ATM and POS terminal community to settle for Mir cards infallibly.

Choi Won-seok, a CEO of BC Card, said that “By cooperating with NSPK, we proved once more that the power of our personal payment processing know-how and greatest payment infrastructure in South Korea.” Also mentioned that “We will repeatedly endeavor to give differentiated knowledge for Mir cardholders with our payment convenience and innovative technological know-how so as to love our state considerably more pleasantly and increase transaction.”

Vladimir Valerievich Komlev, a CEO of NSPK, explained that “It is a terrific satisfaction to cooperate with BC Card, a preeminent payment firm in South Korea. Together, we will continue on our endeavours to guarantee Mir cardholders to use their Mir cards conveniently in the course of their trips to South Korea., as soon as the epidemiological circumstance stabilizes and flights resume amongst Moscow and Seoul“.

Resource BCcard