CONTACT Is Registered As A Payment System
The Central Bank of the Russian Federation has registered CONTACT and its operator RUSSLAVBANK.
The payment system CONTACT is the first to pass all the stages of the registration procedure in compliance with the law On the National Payment System.
The proper entry was added to the unified payment system operators register with the registry number 0001.
According to the law On the National Payment System passed by the State Duma (Parliament) last summer after July 1, 2012 the payment systems can operate in the Russian Federation only after being registered by the Bank of Russia.