North Caucasian Bank is developing a system of cashless payments

In the first half of 2013 the North Caucasian Bank OJSC "Sberbank of Russia" has installed more than 4500 terminals for credit cards when purchasing goods or services.

Of these, 3,5 thousands — in the Stavropol region, and the rest — in the republics of the North Caucasus and Kalmykia. With the beginning of the volume of funds flowing through the terminals of the North-Caucasian bank in retail and service outlets, increased by 52% — to 2.5 billion — compared with the same period in 2012. Cashless payments is becoming increasingly popular among small and medium-sized businesses. This is facilitated by including a simplified procedure to sign the agreement in the merchant acquiring bank of the North Caucasus. In addition to installing the equipment the bank also provides training for enterprise personnel necessary skills.

Until the end of 2013 the North Caucasian Bank plans to install 4,500 terminals throughout the service area.

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