Order a card a minute before payment, first in Russia — Alfa-Bank (translation) — “Instant issuing of the card in the application is a breakthrough technology that allows Alpha-Bank customers to order and start using the required bank card in less than a minute… Alfa-Bank is the first in the Russian market to offer its customers this opportunity… The card can be immediately added to Apple Pay and used to pay for purchases using a smartphone wherever contactless payment terminals are installed, in applications and on websites.”
In addition to the mobile application of Alfa-Bank, the card can be ordered at any branch, by telephone and online banking. The client will be notified instantly on his Smartphone by Apple.
For 2018 year Alpha Bank will improve this technology. In the near future functionality becomes available for bank customers who use smartphones based on Android operating system.
Alfa Bank is always looking for new ways and implements new technology to contactless payment for goods and services. In addition to the ability to pay using Alpha Mobile app the clients can make payments using rings, bracelets, as well as watches.
Alfa Bank, a universal bank founded in 1990, is the largest private financial institution in Russia by the size of assets, accumulated capital, loan and deposit portfolios.
According to the 2017 results (IFRS), the total assets of the banking group “Alfa-Bank” amounted to 44.7 billion US dollars while the total loan portfolio is 28.6 billion US dollars. Net profit for the year 2017 totalled US dollars 798 million. As of December 31, 2017 Alpha Bank has had in portfolio more than 420,000 corporate clients and 14.3 million individuals.
Alfa-Bank has more than 200 branches in Russia and the CIS, and subsidiaries in Kazakhstan, the Netherlands, and the United States.