History

In connection with the imposition of US sanctions in March 2013 Visa and MasterCard sharply terminated their services to certain organizations and individuals. American banks under the United States Department of the Treasury control had to take rigorous measures against Russia, which caused serious losses to the national companies.

Consequently, our country was confronted with a challenge of creating its own national card payment system (NSPK). The idea was rather simple, i.e. the processing server of such a system would be located on the territory of the Russian Federation, thus, other countries would not have access to the domestic payment transaction information. This would protect transaction information, heighten the level of the national currency’s credibility and, as a consequence, would make our state stronger and more independent.

In this connection, the President of the Russian Federation set a task to create the national payment system in the shortest time possible. Relevant amendments to Federal Law No. 161-FZ “On the National Payment System” of 27 June 2011 were made to provide for the establishment of the National Card Payment System.

Key Facts

2017

September
Acceptance of national Mir contactless cards for payment for the Metro fare realized in St. Petersburg.
August
  • The Mir payment system launched MirAccept 2.0 cardholder online authentication and online transaction protection platform.
  • Pilot project of integration of Russian and Armenian national payment systems completed.
July
  • Rosselkozbank issued first Mir-UnionPay cobadged cards.
  • Yandex.Kassa connected Mir cards to AliExpress.
June
More than 10 million Mir cards issued in Russia.
May
NSPK became a member of the Payment Card Industry Security Standards Council (PCI SSC).
April
Over 5 million Mir cards issued.
March
  • The RSA Financial Statements for 2016 published. NSPK’s net profit in 2016 amounted to 2.6 billion rubles.
  • Over 3 million cards issued.
February
The main communications industry awardSilver Archerwas presented to NSPK’s project “Russian CardMarket Launch of Mir National Payment System”.

2016

October
Over one million Mir cards issued.


September
  • Sberbank started to service Mir cards in its ATMs and Point-of-Sale Terminals.
  • Many major Merchants in all market segments accept Mir cards.
August
Roll-out of Mir social and infrastructural projects: Social Card in Mordovia Republic, Dweller Card in Yekaterinburg, Student Card for the Southern Federal University, Night Holley League player card, etc.
June
First contactless Mir transaction made with the use of smart watch.
April
First online Mir purchase transaction.
February
NSPK Hot Line on Banki.ru web-portal opened.

2015

December
  • NSPK certified for compliance with the Payment Card Industry Data Security Standard/PCI DSS 3.1
  • Sberbank acceded to Mir Payment System’s Regulations.
  • The Bank of Russia and NSPK announced the start of Mir card issuing.
November
  • A Memorandum of Understanding signed between NSPK and BanknetVN Vietnamese payment system.
  • A training conference held for Russian credit organizations, specialized vendors and processing centres.
October
  • Presentation of Mir Regulations and Fees to the management of credit organizations in the Bank of Russia.
  • Mir Payment System’s Regulations Adopted by the Supervisory Board of National Card Payment System Joint-Stock Company.
July
The name and logo for the national payment system selected as a result of a nationwide competition. The name Mir was chosen.
June
A co-badging agreement concluded between NSPK and MasterCard for the issuance of cards under the Mir and Maestro brands.
April
An all-Russia competition for the best logo and name for the national payment system announced.
March
NSPK put into operation its Operations and Payment Clearing Centre for the processing of domestic transactions made with international payment systems’ cards.

2014

December
NSPK began to test its technological platform for processing of bank transactions, including international payment systems’ transactions, in the newly created Operations and Payment Clearing Centre.
August
National Card Payment System Joint-Stock Company began operations.


July
National Card Payment System Joint-Stock Company officially registered.
May
Vladimir Putin signed Federal Law No. 112-FZ On Amendments to the Federal Law On the National Payment System and other Legislative Acts of the Russian Federation.
March
Vladimir Putin, President of the Russian Federation, instructed the Government and the Central Bank of Russia within a month to take all necessary measures necessary to set up the national payment system to safeguard the country’s interests.