The National Bank of Ukraine suspended operation of the Russian payment system Contact in Ukraine, because the Central Bank of the Russian Federation had revoked the banking license from “Russkii Slavianskii Bank”, which was registered by the NBU as the party for executing contracts of the said payment system, RBC-Ukraine (РБК-Украина) reports.
Previously the payment system “Rapida” forwarded documents to the National Bank of Ukraine as the payment organization of the system Contact. However, NBU noted that these papers do not comply with the requirements of Ukrainian legislation.
The payment system Contact in Ukraine has been working since 1999 and is one of the leaders of the Russian market of payment and transfer services.