Olga Maklashina, head of the cyber compliance department at Sberbank, said that the bank began reimplanting chips from plastic that was not in demand by customers into new cards. Her words are reported by the Russian propaganda publication TASS.
Maklashina noted that in Russia “there was a deficit” chips due to problems with logistics and increased demand for “Mir” after the departure of Visa and Mastercard.
“Our colleagues from the issuing center came up with a solution close to ingenious – the reimplantation of bank card chips, that is, we began to pick out the chips from the cards and insert them into new cards”,” she said.
A representative of Sberbank added that chips are removed only from non-activated cards that were not taken by bank customers. For a month they accumulate almost 400 thousand. Reimplantation will allow the bank to save 1 billion rubles this year, Maklashina added.