Tatyana MIKHAILOVSKAYA. Pos­i­tive Trend

Be­larus­bank uses mul­ti­ple tools to in­crease the share of cash­less pay­ments

Economy of Belarus - - CONTENTS -

Be­larus­bank uses mul­ti­ple tools to in­crease the share of cash­less pay­ments

The re­duc­tion of cash turnover and pro­mo­tion of cash­less pay­ments us­ing bankcards is one of the key ob­jec­tives fac­ing the Gov­ern­ment and the Na­tional Bank of Be­larus. Many coun­tries are work­ing to dis­cour­age cash trans­ac­tions in a bid to cut down on costs as­so­ci­ated with pa­per money print­ing and to pull the rug from un­der shady busi­nesses. Nat­u­rally in the vanguard of the ef­forts are banks is­su­ing and ser­vic­ing bankcards. What are Be­laru­sian banks do­ing to pro­mote pay­ments us­ing bankcards? How can a bank en­cour­age its cus­tomers to switch to plas­tic? Th­ese and other ques­tions were ad­dressed by the Econ­omy of Be­larus Mag­a­zine to Deputy Chair of the Board of Be­larus­bank Tatyana MIKHAILOVSKAYA.

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