17.12.2019, 08:25
The Central Bank of RF Will Introduce Payments by Smartphone in Transfer System Similar to Apple Pay
Source: OREANDA-NEWS
OREANDA-NEWS. The national payment card system is discussing with banks the introduction of NFC contactless payment technology in the Central Bank Fast Payment System, four sources on the payment market told the Russian media. This technology, in particular, is used for payment from smartphones in the Apple Pay, Samsung Pay, Android Pay applications, as well as for contactless payment by bank cards.
Technology development was confirmed by the press service. Representatives of VTB, Promsvyazbank and Rocketbank heard about the initiative.
“Today, payment by QR codes is still not widespread in Russia, and training bank customers to use it will take a long time. Against this background, contactless NFC payment will allow more active use of the quick payment system”, said Maxim Nalyutin, head of the Deloitte financial services group in the CIS. The Central Bank launched the Quick Payment System in 2019, it allows you to transfer money between cards of different banks by phone number, in the fall the system implements the ability to pay for purchases using a QR code.
Technology development was confirmed by the press service. Representatives of VTB, Promsvyazbank and Rocketbank heard about the initiative.
“Today, payment by QR codes is still not widespread in Russia, and training bank customers to use it will take a long time. Against this background, contactless NFC payment will allow more active use of the quick payment system”, said Maxim Nalyutin, head of the Deloitte financial services group in the CIS. The Central Bank launched the Quick Payment System in 2019, it allows you to transfer money between cards of different banks by phone number, in the fall the system implements the ability to pay for purchases using a QR code.
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