The Russian Standard bank carried out the first b2c transfer through SBP together with IFI Mikroklad

2020: Connection to SBP

The bank announced on July 2, 2020 Russian Standard carrying out the first b2c of payment through the System of Fast Payments (SFP) for benefit of the borrower of IFI Mikroklad.

It is simple to make b2c-transfer through SBP, it is enough to know the bank name where at the client the account, and the phone number tied to this account for transfers through the System of fast payments is opened. Transfer takes several seconds. Service will help the companies to optimize expenses on carrying out payments.

Earlier the Bank Russian Standard provided to members of Self-regulatory organization Mikrofinansirovaniye i Razvitiye (SRO MIR) technical capability of implementation of b2c-transfers to the clients and acceptance of s2b-transfers from natural persons using the System of Fast Payments (SFP). Members of SRO MIR – the companies performing microfinancial activities within the legislation of the Russian Federation.

The bank Russian Standard connects to the companies from different spheres technical capability of transfer and acceptance of means through SBP. Transfers between legal entities and physical persons reveal a set of opportunities for members of SRO MIR at creation of financial dialog of IFI and the client through the System of fast payments. Thanks to this service developed by Bank Russian Standard, b2c-transfers (payments of means from IFI to natural persons) and also s2b-transfers (payments of natural persons to IFI for repayment of a loan) will be quicker and more profitable than traditional card translations.

The system of fast payments is a service of the Bank of Russia which is its settlement cent, and the National Payment Card System acts as operational and clearing center, thus, service is completely independent of international payment systems. We started issue and repayment of microloans through SBP. Payments take place instantly in the round-the-clock mode. Besides, the Bank Russian Standard in addition verifies a full name of receivers of the money received from our company, at mismatch of data transfer will not be carried out.