NPF Safmar and Raiffeisenbank gave an opportunity to make pension contributions through SBP

2020: Connection to SBP

On December 14, 2020 NPF Safmar reported that together with Raiffeisenbank gave an opportunity to make pension contributions through the System of fast payments.

NPF Safmar one of the first non-state pension funds gave to clients an opportunity to make contributions within non-state pension provision using the System of fast payments by the QR code. Raiffeisenbank provides technology support of service and connection of fund to SBP.

Service is available in a personal web office and in mobile applications fund on platforms Android and iOS. To make a contribution to a retirement account, the client of fund needs to select payment through the System of fast payments from the personal account and to enter the necessary amount. If the client uses the application of fund on smartphone, then there is a seamless transition to a personal account of its bank to the section of payment. If he pays through the website of fund, then on the screen computer the QR code which needs to be considered from mobile application bank on the smartphone will be created. The payer bank also should consist in the System of fast payments and support a possibility of implementation by clients of payments by the QR code through SBP.

"NPF Safmar implements high technologies which allow to make use of services of fund convenient and fast for clients. Use of SBP also means expense reduction on performing transactions through this system by 4.5 times for fund which undertook payment of the commissions for clients. Thus, implementation of similar service is a development of quality of client service and at the same time cost reduction of the pension fund, – the CEO of NPF Safmar Denis Sivachev noted.

Raiffeisenbank as one of key participants of a System of fast payments implements scenarios of payment by the QR code for the companies working in various sectors of the economy. We constantly expand interaction with other organizations that clients could pay instantly and safely any services and services – from air tickets to contributions to a retirement account, - Georgy Konnov, the head on development of e-commerce of Raiffeisenbank noted.