On September 28, 2020, Cardpay, a licensed e-commerce and payment services company based in the U.K., became the first direct member of the Russian payment system Mir. By joining Mir, Cardpay plans to introduce Mir cards to electronic commerce on four continents: Asia, Latin America, Europe, and North America. The move comes after the first pilot transactions with Mir cards using the Mir Accept 2.0 security protocol were conducted during the week preceding the announcement.
Mir was launched in 2015 and is the Russian Federation’s national payment system with 275 participating banks and 154 issuing banks. Mir cards are accepted throughout Russia and in eight foreign nations, including Turkey, Armenia, Kyrgyzstan, Belarus, Uzbekistan, and Vietnam.
Cardpay enables companies to accept payments from any country in the world with more than 500 different payment methods. It will allow Mir cards to be accepted by its e-commerce customers and allow cardholders to shop at millions of global online merchants.
Cardpay’s head of e-commerce and card business Vitalii Merkulov said, “This partnership will allow us to open new doors for our merchants and continue to support them in their quest to become global. We are on a mission to make payments fast, convenient, and secure for businesses worldwide, and our partnership with Mir has brought us one step closer to our goal.”
Cardpay provides companies with various payment tools, including diverse international and national solutions. On its website, the company says it offers an agile payment solution that connects its customers with potential clients worldwide. Cardpay provides secure electronic payments through the use of modern technology and a data-driven strategy.
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