Sberbank Rossii PAO : Passengers can now pay for travel on the Kazan Metro using bank cards with contactless payment technology

May 20, 2016, Kazan - It is now possible to pay using bank cards with contactless payment technology at all stations of the Kazan Metro. This project was carried out under the «Cash-free Tatarstan» agreement, which was signed by Sberbank and the Republic of Tatarstan in 2015. International payment system MasterCard is a partner of the project.

Contactless readers have been installed on one turnstile in each of the 10 stations. To perform payment, all passengers have to do is scan their contactless enabled bank card (or other device - watch, mobile phone, bracelet, sticker, etc.) on the reader. It is also possible to buy tickets using any bank card at the cash desks of the Kazan Metro. This was made possible thanks to the addition of Sberbank acquiring terminals. Soon it will be possible to buy tokens for the metro using bank cards in the ticket machines next to cash desks.

Contactless payment technology is optimal where the speed at which customers are served is especially important. Passengers do not need to spend time on buying tickets or tokens, topping up a transport application in advance, searching for the right amount of money or waiting to receive change after purchasing tickets. All they have to do is take out the bank card that they use to make everyday purchases. The cost of paying at the turnstile is 25 roubles, the same price as a one-trip ticket on the Kazan Metro.

Innovation can help transport companies cut operating costs. The implementation of contactless payment technology allows passenger traffic to be redirected, cuts queues, and lowers operational risks.

As international payment technologies are introduced, Kazan's urban infrastructure is becoming more convenient and user-friendly for those who visit the city, including from other countries.

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Sberbank

Alexander Baziyan

Press Office

Tel. +7 (495) 957 5721

media@sberbank.ru

Sberbank is Russia's largest bank and a leading global financial institution. Sberbank holds almost one third of aggregate Russian banking sector assets, it is the key lender to the national economy and the biggest deposit taker in Russia. The Central Bank of the Russian Federation is the founder and principal shareholder of Sberbank owning 50% of the Bank's authorized capital plus one voting share, with the remaining 50% held by domestic and international investors. Sberbank has more than 135 million individual customers and more than 1 million corporate clients in 22 countries. Sberbank has the largest distribution network in Russia with almost 17,000 branches, and its international operations include UK, US, CIS, Central and Eastern Europe, Turkey and other countries.

The Bank holds the general banking license No.1481 issued by the Bank of Russia. Official websites of the Bank: www.sberbank.com (Sberbank Group website), www.sberbank.ru.

MasterCard

MasterCard (NYSE: MA) www.mastercard.com is a technology company in the global payments industry. We operate the world's fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard's products and solutions make everyday commerce activities - such as shopping, traveling, running a business and managing finances - easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCard_RU and MasterCard Facebook, join the discussion on our Cashless Pioneers blog, and sign up for our Engagement Bureau news.

Press service of MasterCard Russia

Elena Prorokova

Tel: +7 (495) 937-77-10

E-mail: elena_prorokova@mastercard.com

+7 495 664-2888

Moscow.MasterCard@ketchum.com