Merchant Payments Ecosystem, February 16-18, Berlin. Personal Data Protection Law in Russia
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- Elaine Jenkins
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From this document you will learn the answers to the following questions:
What does Orange Business Services hope to maximize by allowing customers to reach their maximum sales volumes?
What must every company do in order to collect , store and store personal data of Russian citizens?
What are European merchants advised to do with local established service providers?
Transcription
1 Personal Data Protection Law in Russia
2
3 Orange Business Services can help you to operate securely in Russia and take care of your IT infrastructure.
4 How can Orange help you? Connectivity + National Payment Card System Managed IT services (private cloud, shared cloud, hosting) Security protection (DDoS protection, crypto, application security) Installation & Maintenance Design & Consultancy
5 Why Orange? We are trustful We are simple to do business with We are reliable
6 Orange Clients your logo here
7 Mission: To offer the best payment solutions on the market, enabling our customers to safely and consistently attain maximum sales volumes which no other company can provide.
8 ChronoPay Russia International Payment Service Provider, founded in Amsterdam (NL) One of the first payment service provider to enter the Russian market One of the first processing airline tickets and mobile operators Representative offices in several countries Processing more then 160 world-currencies Full compliant with current legislation of the Personal Data Protection
9 Why ChronoPay? Great experience on the market and proven competences in the field of transaction security and customer service reliability; One of the founders of the online payment market in Russia; Innovative products and services to the market on a regular basis; Corporate and mass market solutions; The innovative formula lies in the implementation of a production function that brings added value to the business.
10 ChronoPay Clients
11 Main Topics 1. E-commerce in Russia develops in line with European standards; 2. European merchants are advised to cooperate with local established service providers; 3. Model of joint cooperation provides merchants with better value solutions.
12 Personal data protection act Russian Federation The Federal Law No.152-FZ on Personal Data (as amended by Federal law No.242-FZ) came into force on the 1st of September Every company, involved in collecting, processing and storing personal date of Russian citizens must comply with the rules & regulations of the law. Most important condition of this law: Collected personal data of Russian citizens must be stored, initially at a data-center which physically is located inside the Russian Federation.
13 Russian e-commerce market The consequences in case of violating this law: The risk of a shutdown of the website by the authorities; The risk of a complete shutdown of all business activities in Russia; The risk of severe fines and even criminal detention.
14 Russian e-commerce market 1. Despite the slowdown of the Russian economy, the Russian E- Commerce market continues to grow faster than many other industries; 2. Have exceeded the 15 Billion USD mark in year 2015, which is more than 1.4% of GDP; 3. CAGR* for period is + 32% (based on Morgan Stanley study). * Compound Annual Growth Rate
15 Russian e-commerce results 2015 The Russian E-Commerce market have exceeded 15 Billion USD Top 5 industries* Aviation Rail - 1,5 Mobile - 0,9 Retail Financial - 3,6 * Based on top sites
16 Russian cross-border e-commerce 2015 Almost 30% of Russian E-Commerce is Cross-Border Total Cross-Border market in Russia almost 4,5 billion USD
17 Russian cross-border e-commerce 2015 Geographic Distribution in year 2015 Most popular countries outside Russia: UK USA Luxembourg France Cyprus
18 Russian cross-border e-commerce 2015 Popular web sites
19 Russian personal data protection law How to comply? Option 1 Option 2 1. Build your own data-center in Russia 2. Make sure to comply with the law 1. Establish an entity in Russia 2. Make sure to be recognized by Roskomnadzor as a personal data processing company 3. Find a trustworthy data-center located in Russia itself where you can store the data safely (make sure the data-center complies with the law) 4. Build your it-infrastructure (or find a Russian it-infrastructure partner) 5. Make sure your company complies with all rules and regulations of the personal data protection law 6. Keep monitoring the laws as the might not always be very clear!
20 Russian personal data protection law How to comply? Option 3 FIND A SOLID AND TRUSTWORTHY PARTNER! If your business in Russia only concerns the processing of online payments and the collection & storage of personal data related to that, a payment service provider who fully complies with the law, would be a fast and cost efficient solution.
21 IXcellerate is an unparalleled carrier neutral datacentre operator in Moscow, which is comparable to the quality of datacentres in America and Western Europe
22 Over 20 years of International Experience in DC Management and Operation The company was founded by Guy Willner, formerly founder and CEO of IXEurope which operated 14 datacenters across Western Europe and was acquired by Equinix in IXcellerate Limited was founded in 2011 and is headquartered in London, United Kingdom. It is a privately owned and operated company, with investors including the IFC (World Bank) and Sumitomo Corporation. IXcellerate LLC (Russia) is 100% owned and operated by IXcellerate Limited (UK).
23 Why IXcellerate Moscow One is your data center of choice in Russia No Security Risk: Own secure perimeter, 24x365 on-site security, multi-zonal security with badge and biometrical access control and logged video surveillance PCI DSS v3.1 certified No Systems Risk: We provide the highest SLA in Russia % - higher than even a T4 data center and delivered 100% since no downtime or SLA penalties up to date It is your money - therefore you need the highest quality, most secure, least risk data center. No Compliance Risk: Western owned, governed by the same financial and legal regulations as you are FCPA & UK CPA No Sanction related risk: No investor or debtor is subject to EU Sanctions, US SDN or US Exec Order no government affiliation No Facility Risk: IXcellerate is provisioned with the power and cooling needed for today and for planned growth.
24 Thank you!
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