On February 22, the Central Bank of Russia removed QIWI Bank and the Contact payment system from the registers of payment system operators. This is proven by: data The central bank.
The communications system was included in the register in 2017 and had socially significant status.
Contact was one of the largest money transfer systems in Russia. According to the company, it had more than 500 thousand points for receiving and giving transfers in Russia and abroad.
The day before February 21, the Central Bank recalled License from QIWI Bank due to numerous violations. Immediately after that the Communication system stopped working.
As the regulator explains, those sending transfers via Contact can contact DIA for a refund if the transfer is not received. Previously, international QIWI sold QIWI Bank and other Russian assets to businessman Andrei Protopopov.
Contact payment system before suspended work.
What are you thinking?
Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.