Banks have started freezing transfers to virtual cards

To combat fraudsters, the National Payment Card System (NPC - operator of the Mir cards) has launched a service to freeze payments to tokenized cards, Georgy Dorofeev, deputy director of the organization's operational and technological department, told Izvestia.

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We are talking about cards that are formed in a banking application or in a separate special utility (for example, Mir Pay) and stored on the mobile device where they are issued. Several tokens can be issued to one physical "plastic" on different devices.

Banks can already connect to the NSPK service if they wish. It works as follows: operations on tokenized cards replenishment, the life of which is less than two days, will be stopped. And it will affect not only suspicious transactions, but all transactions in general, said Georgy Dorofeev. According to him, such transactions are initially considered risky - they are often made by people under the influence of fraudsters.

Credit organizations have already begun to limit the deposit of funds on tokenized cards. In the bank "Dom.RF" stop operations if there are additional risk factors, said Dmitry Nikishov. VTB restricts replenishment of tokenized cards when transferring any amount from 30 thousand rubles, noted in the press service of the bank.

Read more in the exclusive material Izvestia:

Reverse tokenization: banks have started freezing transfers to virtual cards