Graph showing 62% increase in Bank ZENIT trade acquiring turnover in 2012 - Global Banking & Finance Review
This image illustrates the significant 62% growth in Bank ZENIT's trade acquiring turnover in 2012, showcasing the bank's advancements in payment technologies and increased transaction volume.
Banking

Bank ZENIT trade acquiring turnover in 2012 rose by 62%

Published by Gbaf News

Posted on April 21, 2013

1 min read
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Significant Growth in Trade Acquiring Turnover

In 2012, Bank ZENIT trade acquiring turnover increased by 62%. Clients of retail and service enterprises serviced by Bank ZENIT performed over 5.86 million transactions worth an aggregate of 14.23 billion rubles.

Expansion of ATM Network in Retail Outlets

There was an over 50% rise in the number of ATMs installed in retail and service outlets served by the Bank ZENIT Processing Centre, bringing their total to over 4.5 thousand.

Upgrades to Acquiring Technology and Infrastructure

“In addition to expanding through coverage of more retail and service enterprises, Bank ZENIT has been actively upgrading the technological base for its acquiring operations”, Deputy Chairman of the Bank ZENIT Management Board Alexey Rozorenov commented on the annual results. “In particular, during the third quarter of 2012, we launched a project to install equipment in retail and service outlets for performing contactless payments using the MasterCard PayPass technology”.

Bank ZENIT annual trade acquiring operations turnover

bank-zenit

Key Takeaways

  • Bank ZENIT’s trade acquiring turnover surged 62% in 2012.
  • Clients conducted over 5.86 million transactions worth 14.23 billion rubles.
  • ATM count in retail/service locations rose by over 50%, exceeding 4,500.
  • In Q3 2012, Bank ZENIT launched MasterCard PayPass contactless payment equipment rollout.

References

Frequently Asked Questions

What was the growth in trade acquiring turnover for Bank ZENIT in 2012?
It rose by 62% compared to the previous year.
How many transactions did Bank ZENIT process in 2012?
Clients completed over 5.86 million transactions.
What was the total value of transactions processed?
The aggregate transaction value was approximately 14.23 billion rubles.
How many ATMs were installed in retail/service outlets?
The number of ATMs rose by over 50%, reaching more than 4,500.
What contactless payment technology did Bank ZENIT roll out?
In Q3 2012, Bank ZENIT launched equipment supporting MasterCard PayPass for contactless payments.

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