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Replacing plastic cards with digital ones in Russia

VTB and Sberbank plan to replace up to 50% of plastic cards with digital ones in two or three years.

At the beginning of next year, all customers will be allowed to order the «plastic as an option» service.

When ordering any card product, they can immediately use it digitally: on the Internet or for any purchases by downloading it to a smartphone with NFC. And a plastic card, if necessary, customers will be able to order later.

Now, the share of virtual cards is 10%.

Other banks also have plans to develop digital cards.