ROSBANK, Svyaznoy launch payments for purchases via Faster Payment System using QR codes

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AK&M 07 August 2020 14:54

ROSBANK and Svyaznoy have launched payments for purchases via Russia's Faster Payment System (FPS) using dynamic QR codes. The National Payment Card System (the operational payment clearing center) ensures the generation and transmission of QR codes for the acquiring transactions, the bank informed.

The pilot project was launched in Moscow. The new feature is already enabled for ROSBANK customers in the ROSBANK Online app.

Public joint-stock company ROSBANK (PJSC ROSBANK, tax number: 7730060164) founded 1993 is among thirty major Russian banks. Being a full-service commercial bank, it provides the whole range of banking services both to legal entities and individuals. The bank's majority shareholder is France-based banking group Société Générale. DeltaCredit Bank and Rusfinance Bank are Rosbank's wholly owned subsidiaries.