KIEV, Sept. 24 – The National Bank of Ukraine will continue its dialog with the Visa and MasterCard international payment systems on the prospects for the Ukrainian national payment card transactions routing and clearing system, said Natalia Siniavska, the director of IT and payment systems at the NBU.
"Relations [with Visa and MasterCard] are developing. We're in talks with these payment systems. There is a requirement in draft law [No. 10656 passed by Parliament on September 18] that says that the NBU can set a routing procedure inside the country: there is no subordinate law that today says that all payments are to be performed only via a certain processing center or only on the territory of Ukraine," she said.
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