Sberbank and Czech Airlines, the national airline of the Czech Republic, have launched cooperation in the framework of internet acquiring.
As a result, Sberbank became a partner of the official website of Czech Airlines providing the acceptance of Visa, Visa Electron, MasterCard, and Maestro cards to make payments on the Russian version of the partner’s website. Payment security is provided in compliance with the requirements of the PCI DSS International Standard applied to card payments and card holders’ data.
“Czech Airlines is the first foreign airline company Sberbank has entered into an internet acquiring contract with, and we hope for further development of the relationship with our Czech colleagues,” said Svetlana Kirsanova, Managing Director and Head of Acquiring at Sberbank. “We are certain the cooperation with Sberbank will have a positive impact on business development of the airline company and meet client needs across Russia.”
“As the largest bank in Russia and one of the three largest banks in Europe, Sberbank is a reliable partner with priceless experience in the Russian market. Sberbank’s selection as the provider of internet acquiring services for Czech Airlines was a natural and logical step, which will provide our clients in Russia with a number of benefits, including the ability to use a well-known and stable Russian bank when making payments; guarantees of complete payment transactions provided by a reliable Russian financial institution; ability to perform transactions in rubles regardless of foreign exchange rate volatility until payment process is complete and funds have left the client’s account,” Ján Tóth, Czech Airlines Director of Commerce, said.
Alexander Baziyan
Sberbank's Press Office
Daniel Šabík
Czech Airlines Spokesperson
Sberbank is Russia’s largest bank and a leading global financial institution. Sberbank holds almost one third of aggregate Russian banking sector assets, it is the key lender to the national economy and the biggest deposit taker in Russia. The Central Bank of the Russian Federation is the founder and principal shareholder of Sberbank owning 50% of the Bank's authorized capital plus one voting share, with the remaining 50% held by domestic and international investors. Sberbank has more than 135 million individual customers and more than 1 million corporate clients in 22 countries. Sberbank has the largest distribution network in Russia with almost 17,000 branches, and its international operations include UK, US, CIS, Central and Eastern Europe, Turkey and other countries. The Bank holds the general banking license No.1481 issued by the Bank of Russia. Official websites of the Bank: www.sberbank.com (Sberbank Group website), www.sberbank.ru
