The Ministry of Industry and Trade announced a sufficient number of terminals in the event of Ingenico leaving Russia

There are enough suppliers of terminals for non-cash payment in Russia, the Ministry of Industry and Trade assured. So the department commented on the material of RBC, in which, citing sources, it was reported that the largest supplier of terminals Ingenico would soon leave the Russian market. The Ministry of Trade and Trade stated that “there were no reasons for escalating the situation in the market of cash registers.”

“A number of large suppliers of cash registers, including cashless payment terminals, are represented on the Russian market. These are, for example, the companies Inpas Company LLC, Atol LLC, Shtriz-M JSC. Enterprises have a sufficient supply of equipment to provide the market with equipment for card payments,” the statement reads. Telegram channel Ministry of Industry and Trade.

Sources RBC reported that the French terminal manufacturer Ingenico may leave Russia in March 2023. Experts estimate the amount of the company’s equipment on the Russian market at 50%. Ingenico terminals occupy the main share in the infrastructure of VTB, Sberbank and Promsvyazbank. According to experts interviewed by RBC, if the company leaves, banks may have serious problems with servicing terminals that will work “until the first breakdown”.

Anastasia Larina