Cooperation: MasterCard - Sberbank

Cooperation between Sberbank of Russia and the American international payment system MasterCard, founded in 1966 (headquartered in New York and a permanent representative office in Moscow), occurs through the sale of a license to the bank, as well as the deposit of this bank . The basic card for the interaction of the largest domestic player in the financial market with the "legislator of online settlements" is the card "MasterCard Standard" of Sberbank.

For its part, Sberbank gets the right to issue cards belonging to the company of trade marks: Mastercard, MasterCard Electronik, Cirrus, Maestro. The currency for international settlements is the US dollar, as well as the euro. Service cards from the Ministry of Railways Mastercard to Sberbank is guaranteed in any country in the world. This, of course, is very convenient for customers, since it frees them from obvious inconveniences when storing and transporting cash.

Bank cards of this system allow you to make transactions in real (ATMs, POS terminals, etc.), and in virtual (Internet transactions).

In order to receive a MasterCard card (Sberbank), an individual applies to any branch of this banking institution, having documents with identity documents.

Briefly describe the typical maps of this system for Sberbank.

The first group: electronic, cheapest cards "Maestro" from all that "Mastercard" offers. Sberbank practices their use for payroll projects. Map Sberbank- "Maestro" "social" serves to give citizens pensions and social benefits. Abroad, with their help, you can withdraw cash from ATMs.

The second one, Mastercard Electronik, is designed exclusively for electronic service, avoiding the risks that are present when servicing in acquiring.

"Mastercard Mass" (standard) - a basic map of the category "classic", which has full functionality both inside the country and abroad. By the way, it has great opportunities for a maximum cash withdrawal, than the "Visa" of the same class (meaning the so-called Bin-limit).

Has Sberbank "Mastercard Gold". In addition to full functionality, this card includes additional opportunities to receive discounts for hotel and trade services, visits to cultural events. These cards traditionally have popular health insurance programs when traveling abroad.

It should also be noted a number of premium-class cards licensed by the Mastercard payment system, Sberbank of non-issued (not manufactured) cards. This is "MasterCard Platinum", which assumes an increased credit limit, individual banking services, concierge service. The highest degree of premium - "Mastercard Signia" - a card that provides round the clock support and personal manager.

Speaking about the cooperation of banks with payment systems, we must admit that we do not always deal with harmony of interests. This refers to precedents when the American "MasterCard" and "Visa", acting as monopolists, unreasonably increased the cost of licenses and the size of deposits for member banks of the payment system. In these cases, there is a practice of disputes between the antimonopoly committees of states (USA, Austria, Poland, Israel) and the Ministry of Railways. Switzerland and the UK on their domestic market constantly monitor the activities of the Ministry of Railways. Although, on the other hand, developing on its high-tech platform, Mastercard and Visa are certainly promising and determine the versatility of many "card" banking products.