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Astrasend

Product
Developers: Inkahran, NPO
Date of the premiere of the system: October 2022
Branches: Financial Services, Investments and Auditing

2022: Payment System Registration

At the end of October 2022, it became known about the registration of a new payment system in. Russia We are talking about the Astrasend platform, operated by a non-profit organization. "Inkahran

By the end of October 2022, the Astrasenda website reports that the payment system is intended for sending transfers abroad and within the Russian Federation. The list of countries to which money can be sent will be published on the website. Transfers are received and issued in rubles and US dollars. It is specified that the company "Inkakhran" is engaged in the provision of a full range of services for the transportation of cash and valuables.

The Central Bank of the Russian Federation has registered a new payment system

Astrasend became the second payment system registered in 2022 - the Central Bank included the first (Hello system) in the list in April.

According to the source Businessman"" in the payment market, the Astrasend project by the end of October 2022 already has agreements with a number of banks from neighboring countries. As the interlocutor of the newspaper explained, the system decided to focus on cross-border transfers for two reasons: firstly, Sberbank SBP it is quite difficult to compete within the country with and, secondly, there is a large demand for transfers abroad.

According to the publication, after a number of large money transfer systems left the Russian market, in particular Western Union, "it became possible to assemble a team of high-quality specialists." It is planned that the list of countries to which translations of the new system will be available will appear in November 2022.

The Board of Directors of the National Payments Council Alma Obaeva believes that the emergence of a new PS, especially specializing in cross-border transfers in the current conditions, is an interesting step.

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The main question is the opening of correspondent accounts in foreign banks for settlements, she clarifies.
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Viktor Dostov, chairman of the Association of Electronic Money and Money Transfer Market Participants, believes that this project, like similar ones, "balances between demand for cross-border transactions and partner concerns about secondary sanctions." [1]

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