Bank "Russian Standard" and ISBC launched in the network "Chitai-Gorod" the ability to accept payments through the SBP

2023: Launch of receiving contactless payments using the SBP

Bank Russian Standard and the ISBC group of companies have launched in the flagship stores of the Chitai-Gorod network the ability to accept contactless payments using the Fast Payment System (FPS) via a cash payment link via an NFC plate. ISBC announced this on April 26, 2023.

For a store client with an SBP installed on a smartphone, it is enough to attach a phone (Android or iOS) to an NFC plate for payment. Next, it will be automatically sent to the SBP to confirm the payment.

Another option for paying with a smartphone is to simply scan the code through the SBPei, or through its mobile bank, confirming the operation already in German. The Russian Standard Bank provides the technical possibility of making such payments. The Bank plans to connect this service in all stores of the Chitai-Gorod chain.

The manufacturer of payment NFC plates is the Russian company ISBC.

The ISBC NFC payment plate is an opportunity for companies to save on purchasing additional client screens in cash zones. It is enough for them to create a cash reference once, which will be recorded on the NFC plate, and then will be formed at the checkout each time for a specific purchase with accurate information on the amount of payment. At the same time, the link is reliably protected from overwriting. A payment NFC plate with a bright design and a special polymer coating is protected from scratches and fading and perfectly complements the design of the cash area.

Favorable tariffs are one of the main qualities of the SBP for companies. The commission on operations here is noticeably lower than for accepting classic card payments. This cost reduction only helps to make the final offer more profitable for customers.

The money goes to the company's account almost immediately after confirmation of payment. And this allows you to reduce both cash gaps and the amount of necessary working capital. When paying with a card, this process can take from one to several days.