Sberbank implements first virtual transit pass technology in Russia
November 6, Moscow — Sberbank is the first one in Russia to present a virtual transit pass technology. In early 2020, residents and guests of Moscow Region will be able to issue the Strelka Card transit pass in their NFC-enabled smart phones.
It will be possible to pay the fare in any public transport in Moscow Region, as well as visit a range of regional museums taking advantage of all Strelka Card, using the virtual card in the Strelka app.
Svetlana Kirsanova, Deputy Chairman of the Executive Board, Head of the Retail Business, Sberbank,
“The virtual transit pass is another step to give up the plastic. Now passengers can create their Strelka Cards any moment when having access to the internet and use all its benefits, including unique discounts on trips that can reach 35%. Now there is no need to look for a vendor to issue and top up the plastic transit pass. The passengers who often use public transport in Moscow Region will be able not to waste their time and save on fares. Bank cards have existed in mobile devices for a long time, and this payment method is growing more and more popular. It was important for the bank to make a very popular transit pass available in mobile devices.”
The transit pass will be available right after topping up the balance, which can be done with Strelka app or Sberbank Online.
Users should enter the app, sign in, and then tap their device against the validator and wait for a successful transaction signal.
The key benefits of the virtual Strelka Card are its affordability and security. The solution meets international security and data transfer protection standards.
The project was implemented together with SETTLEMENT SOLUTIONS JSC, Sberbank ecosystem’s operator of the Strelka Card universal transit pass.
Mikhail Kazakov, CEO, SETTLEMENT SOLUTIONS,
“If a passenger would lose one’s plastic transit pass, someone else could use his or her pass illegally. Now, in case of losing a mobile phone, the e-wallet in Strelka app can’t be used by a third party, as the device is protected by a password and face recognition technology.”
Today a pilot is available for Android devices with NFC, while the full version of the virtual card will be made available to passengers in Moscow Region from January, 2020.