News

National Payment Card System certified bank chip developed by MERI

05.08.2019
National Payment Card System (JSC NSPK) certified the dual bank chip MIKPay.MTD.D6 developed by MERI and improved it for using in national payment cards MIR.
The new version of chip is suitable for contactless payment. The chip certification included security test (resistance to hacking and data theft), functionality (compliance with the NSPK specification) and performance (operation speed).

Interaction time for contactless transactions should be no more than 400ms according to NSPK standard. The main international payment systems also support the same performance standard.

To meet this requirement the MERI engineers refused to use Java virtual machine and created a native application for NSPK that allowed to speed up the processing and transmitting information during the transaction

The new certified contactless bank chip gives the banks an opportunity to switch to a totally Russian product that is similar to foreign chips in terms of quality and functionality. This is highly important to maintain the security and technological independence of the Russian financial sector.
The chip development and manufacturing in Russia and by Russian companies help to avoid the risks of installing hidden elements or hostile codes in the operating system that could provoke payment information leaks or malfunctions.

Few years ago NSPK certified the chip MikPay.MJD.D5 developed by MERI. The chip was successfully used in contact cards issued by several Russian banks.

NSPK MIR was created by the Central Bank of the Russian Federation to ensure the continuous, efficient and accessible money transfer services in Russia. Since April 1, 2015, the NSPK has been carrying out all internal operations in Visa and MasterCard payment systems. The release of the national MIR cards started in December 2015. At the same time, both Russian and foreign chips were used.
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