VTB provided customers of medium and small businesses with the opportunity to tokenize Mir business cards in a mobile bank. Entrepreneurs will be able to add them to Mir Pay with one click using the VTB Business Lite app and then pay for purchases contactless. This was reported by the press service of the bank.
To set up payment via Mir Pay, the customer just needs to go to the VTB Business Lite mobile application, select a digital or plastic business card and click the “Add to Mir Pay” button.
VTB explained that the seamless integration of a mobile bank and a payment application allows you to quickly link a card on one screen without switching between applications. The service is available for Android devices.
The card in the e-wallet can be used for contactless payment using a mobile device in any terminal where Mir contactless cards are accepted, and in online stores that support payments using the “Mir Pay Pay” button. Card and account data, as well as information about transactions during tokenization and subsequent payments are preserved.
“According to our statistics, nearly a third of transactions with Mir business cards are payments for various goods and services, while more than 60% of purchases are made offline,” said Senior Vice President, Analysis, Coordination and Head of Product Development. VTB Yulia Kopytova.
He emphasized that the number and turnover of cards tokenized in Mir Pay is constantly increasing, so the company is working to ensure that the use of business cards is completely digital and comfortable.
“Now customers can not only issue a card in a minute, but also connect their purchases to Mir Pay with one click to pay contactless,” Kopytova added.
VTB announced that digital business cards can be issued in the Internet bank, if necessary, the bank can issue a plastic card with the same details.
You can set limits for employees using business cards, check the organization’s expenses using SMS notifications or in the Internet bank, as well as deposit cash into a current account at any convenient VTB ATM.