Russia needs expanding representation in global sports federations — ministerSport May 23, 20:21
Russian athletes must be trained for Olympics under certain geographic conditions — PutinSport May 23, 19:38
Final charges brought against Russian ex-economy minister UlyukayevBusiness & Economy May 23, 18:59
WADA delegation to visit Moscow this week to help with membership reinstatementSport May 23, 18:48
US President Donald Trump's first trip abroadWorld May 23, 18:41
Russian scientists master stimulating neurons with infrared irradiationScience & Space May 23, 18:37
Global research team cracks bacteria transmission codes to combat drug-resistant strainsScience & Space May 23, 17:44
Ukrainian politician warns imposing TV language quotas may deepen rift in societyWorld May 23, 17:06
Russia to host 2017, 2018 FIFA Cups at highest possible level — Putin to InfantinoSport May 23, 16:32
MOSCOW, October 10. /TASS/. Apple Pay payment system will start working with Visa bank cards in the Russian market in December, a source close to the talks between Apple and Russian representatives of banks and payment systems told TASS on Monday.
"It is planned to launch Apple Pay for Visa cards starting from December 1," the source said, adding that the talks are in progress and the date might be changed later.
On November 4 other banks will join Apple Pay, the source told TASS.
Currently, the payment system works only with MasterCard payment cards through Sberbank.
According to Apple conditions, banks that will be connected to the system are required to run the advertisement of the service, and the sum the banks need to spend on advertising Pay Apple is discussed individually with each bank, the source told TASS.
In addition, Apple receives commission, which is given to the corporation for each transaction, as well as for every bank card connected to the system.
On October 4, Sberbank and MasterCard launched Apple Pay system on the Russian market. Apple Pay works with iPhone SE, iPhone 6 and later, and Apple Watch.