By Olga Razumovskaya
MOSCOW--A new Russian anti-terrorism bill that aims to put
tighter controls over on-line payments could hamper development in
the area, a vice president of Mobile TeleSystems (MBT), the
country's leading telecoms company, said Tuesday.
Vasyl Latsanych said the bill, which was introduced in Russia's
parliament in mid-January, isn't welcome as it may complicate
on-line payments by introducing too low a threshold for anonymous
small daily and monthly payments.
The company, known widely as MTS, currently provides banking
services in Russia through its MTS Dengi, or MTS Money, card
service that can be used for online payments.
Write to Olga Razumovskaya at olga.razumovskaya@dowjones.com
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