In December 2020, Russian Agricultural Bank (RusAg) completed the roll-out of payments using QR codes via Russia's Faster Payment System operating as part of the Bank of Russia's payment system. Payments using QR codes will be available to retail customers using the RusAg Mobile Bank, while corporate customers of RusAg will be able to accept payments using QR codes for goods, works and services.
Payments via the RusAg Mobile app are possible at any PoS bearing the Faster Payment System logo.
"Russian Agricultural Bank is actively developing payment services for customers, giving special priority to the use of advanced digital solutions and the development of remote service channels," Yulia Demenyuk, head of RusAg's retail business development and remote service block, commented.
JSC Russian Agricultural Bank forms the backbone of the national lending and financial system for serving the agroindustrial complex of Russia. The bank established in 2000 is currently the key lender to Russia's agricultural sector being one of the largest and most sustainable banks in Russia in terms of assets and capital, one of the banks on top of the Russian banking sector reliability ranking.
Please note that this press release is based on materials provided by the company. AK&M Information Agency shall not be held liable for its contents, nor for the legal and other consequences of its publication.
