Electronic payment systems - not competitors plastic cards

In the State Duma considered a bill that requires banks to warn their customers about the amount of commission when withdrawing cash from ATMs. Comment on the situation and reply to other questions we asked Dmitry Demeshko, Head of alternative sales channels Banque Societe Generale Vostok (BSGV). In the State Duma considered a bill that requires banks to warn their customers about the amount of commission when withdrawing cash from ATMs. How much do you think the initiative of deputies relevant and necessary? Bank card tied to a customer's account, which funds and administers a client by credit card. Upon receiving the customer's card must be notified of all fees terms of use for this card, including the withdrawal of cash from ATMs of the bank, as well as "foreign" ATMs. Supplemental notice of the commission at the ATM machine is technically very difficult task. ATM fees can recall only "their" cards. By "foreign" it is difficult, since the tariffs determined by the Bank, which issues the card and not one that it serves. Know the rates of all banks and report them to the client is impossible. The bill provides that a citizen yet how will calculate using the ATM, should receive full information on all committees. Do you think it will not reduce the number of customers who usually use the services of ATMs? Calculations using the ATM is becoming increasingly popular. This is a fairly quick and convenient payment method, such as phone or Internet. In contrast to the POS terminal transaction commission is usually taken with the payee, not the payer. Therefore, the number of users of this type of transaction via ATMs will only grow. In your opinion, how serious competition may make future payments in Russia via the Internet - services plastic cards? Would it not be reduced in non-cash transactions share cards due to the growth of payments through the electronic system? Electronic payment systems in comparison with plastic cards have limited functionality, so they can not be regarded as full-fledged competitors. Development of both types of payments goes hand in hand: if a product or service can be paid via electronic payment system, it can be paid and the card. But this card is linked to a bank account of a citizen: allows you to transfer funds between accounts, currency conversion, to be paid on the same account, and most importantly, to transfer money to savings accounts and receive the daily accrual of interest income. All of this electronic payment systems do not, this functionality is not included in the scope of their tasks. Therefore, over time each area will maintain its niche, but the market of plastic cards will be immeasurably greater. From the perspective of the client, which in your opinion, now more secure plastic cards and ATM or electronic payment systems? These things are not easy to compare. Some risk exists in all cases when you pay cash: reaching for their wallet, transferring through internet banking or taking off at an ATM. Applied to plastic cards and electronic payments are essentially the same security measures as well as to used for centuries to master the cash: protect passwords, it is preferable to use an ATM, located in bank branches, stand-alone ATM inspected for the presence of third-party devices, check the site through which includes a personal study. If you inadvertently pass the PIN of the card or electronic purse to any third party, you risk losing the money, regardless of payment method. As well as losing the house keys, safe, car, etc. However, observing precautions can reduce the risk to an insignificant minimum.