Home News & events Press Releases 2006 Credit Ural Bank introduces tariffs for financial institutions


credituralCompass Plus and Credit Ural Bank have introduced new tariffs for financial institutions willing to connect to the Compass Plus Processing Centre under the Credit Ural Bank’s sponsorship programme – VISA and MasterCard issuer and acquirer programmes.

The new tariff system involves charges for all the payment system commissions and interchange fees and a fixed charge for processing and settlement services. The new tariff system offers financial institutions unrivaled servicing terms within the different service schemes (issuing and acquiring service, retail acquiring only, etc.) and via various technological schemes:

  • Host-to-host connection for banks with own in-house processing centre based on ISO-8583 and its derivatives
  • Connection to the Compass Plus Processing Centre by means of providing off-line and on-line interaction formats between the bank’s back office and the processing centre.

Credit Ural Bank is a principal member of VISA and MasterCard and has rights for retail acquiring as well as bank sponsoring in both payment systems. Currently, the bank offers its sponsoring services to over 20 Russian banks.

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