Home News & events Press Releases 2016 MultiCarta launches new service for merchants


MultiCarta Logo20 May 2016

MultiCarta launches new service for merchants  

MultiCarta, a provider of payment processing services and subsidiary of VTB Bank, has successfully launched a new service for its customers offering merchants a universal display of acquiring tools. The service is based on TranzWare Merchant Portal from Compass Plus.

MultiCarta’s merchant customers now have the capability to perform analytic functions, such as viewing transaction logs and reports, the ability to block terminal’s independently from a bank, cancel transactions and refund purchases. The system utilises a flexible configuration of access rights and enables the distribution of rights between merchants within the bank, as well as between the employees within the company.

The system has a modern, user-friendly and customisable web interface and offers a wide range of tools for system integration with third-party applications.

“Today, the largest players in the market of acquiring services have the ability to provide merchants with the most competitive rates for acquiring due to the significant amount of payment cards they issue and, consequently, their low transaction costs. In order to successfully compete in this environment, other banks are looking for new ways to develop that will not only provide their customers with competitive rates and terms of service, but also to offer new services to merchants. We hope that retailers and banks will appreciate our new service. I am sure that together with our partner, Compass Plus, we will continue to provide our customers with innovative and popular services,” said Kirill Sviridenko, CEO at MultiCarta.

About MultiCarta:
With more than 20 years in the market of processing services, MultiCarta is one of the largest processors in the Russian Federation. Today MultiCarta, a subsidiary of VTB banking group, processes 60 banks in Russia and CIS, including VTB24, one of the largest retail banks. The terminal network of MultiCarta has over 14,000 self-service devices and more than 40,000 POS terminals. During 2015, MultiCarta processed over 1 billion transactions.