PROMSVYAZBANK (Moscow) and AMERICAN EXPRESS BANK have signed a partnership contract, adding AMERICAN EXPRESS cards to the list of bank cards, which PROMSVYAZBANKs clients, mercantile and service outlets accept in payment. Within one year, AMERICAN EXPRESS cards will be accepted for payment in over 500 mercantile and service outlets. As of today, PROMSVYAZBANK has serviced 1,400 POS terminals in off-premise locations, with a monthly turnover of over $10 million.
Source: PROMSVYAZBANK PRESS SERVICE, August 21, 2006