Contact payment system is the first Russian technology that allows for international money transfers in European currency and US dollars. In addition, through the system, transfers are made in rubles within the Russian state. Contact payment system is a global network of credit and postal organizations, legal entities from Russia and foreign companies / systems that make payments and money transfers from individuals, without opening an account.
As many people already understand, today the prospects for the development of Internet banking are huge, many types of payment systems operating in the Global Network have already gained immense popularity. This is evidenced by the analysis of the work to which the payment system has been contacted by experienced analysts. In addition, after analyzing the operation of the contact system, specialists were able to evaluate and forecast the trends that characterize the process of labor migration. Among other things, conclusions were drawn on supporting the adoption of certain bills that clarify regulatory issues in the field of migration of able-bodied citizens.
To understand why the contact payment system has gained such popularity and can with confidence be considered very promising in the future, you should turn to the history of its formation. So, the year of foundation of the CONTACT International payment and money transfer system is 1999. The rapid growth in the number of transactions in the system led to the ease and convenience of its use. For example, not so long ago - in 2008, the number of payments and transfers in the system grew only 75% in the second quarter.
The main events in the functioning of the system are presented:
- the emergence of the opportunity to pay for mobile communications of the MTS mobile operator in 2004;
- the launch of receiving payments from Ru-pay and Yandex.Money payment systems in 2005. In addition, in the same year, the clearing center of the contact - payment system JSCB RUSSLAVBANK received a quality certificate of ISO 9001: 2000 standard and the 5000th payment and transfer point through the system was opened;
- the emergence of a transfer service in the USA, connection to the system of Prominvestbank, one of the banks in Ukraine, in 2006;
- the conclusion in 2007 of a partnership agreement between the contact payment system and Euroenvios, as well as the appearance in the same year of the possibility of repaying loans that were received at VTB24;
- achievement of unprecedented growth indicators by AKL RUSSLAVBANK in 2008, more than 160% in comparison with the same indicator of 2007. In monetary terms, the profit of the clearing center of the system amounted to 215 million rubles. In the same year, JSCB RUSSLAVBANK received A rating from AK & M rating agency and “stable” status from Moody's IS international rating agency. All this made it possible to consider the Bank as a highly reliable borrower;
- confirmation by the results of the supervisory audit conducted by Bureau Veritas Certification Rus that the JSCB RUSSLAVBANK meets the requirements of ISO 9001: 2008 in 2009. The audit was conducted on the organization and implementation of settlements in the field of transfers and payments made between participants in the contact system. In addition, in 2009, an agreement on cooperation between the system and another 300 companies from Russia. This marked the achievement by the system of a huge number of partners from Russia - more than 550.
A huge number of points of reception and issuance of payments in many countries of the world, the simplicity and reliability that characterize the contact payment system, make the system very popular, not only in Russia but also abroad. The success of the system only confirms that the prospects for the development of Internet banking are huge.