Since the introduction of the domestic card scheme in 2015, some 45 million MIR cards have already been issued, with more than half issued by Sberbank - the main credit institution in Russia and the CIS, and the largest acquirer in Europe.

Extending its network of global acquiring banks with Sberbank as a local partner in Russia is key to Ingenico's merchant-focused international growth strategy. As Sberbank is the main issuer of MIR cards, millions of MIR cardholders will now be able to use their cards to shop with the well-known international brands that use Ingenico to process their payments.

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Ingenico Group SA published this content on 15 November 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 15 November 2018 08:08:06 UTC