"The bank Russian Standard" performed operation with the dynamic QR code through SBP

2019: Operation of payment with the dynamic QR code through SBP

S2b-transactions – payment of purchase with the help System of Fast Payments (SFP) on dynamic are carried out To the QR code. On September 6, 2019 Bank Russian Standard reported that provided technical capability of such purchase in shop "220 Of Volts". Operations were performed in mobile applications banks PSB and SKB-Bank.

The technology is simple: having selected payment option "through SBP", the buyer should scan only the dynamic QR code through mobile application of the bank on phone and to confirm transaction. The feature of the dynamic QR code is that for each purchase the new code forms. Money will arrive from the account of the buyer for the account of legal entity within 15 seconds from the moment of confirmation of the transfer in mobile bank.

PSB and SKB-Bank banks among the first Russian banks implemented complete functionality of c2b using SBP both on acceptance, and on departure of payments. The possibility of payment by the QR code is implemented in mobile applications of both banks which also conduct work on connection of trade and service companies.

Payment of purchases using the QR code gains popularity worldwide. We are sure that this functionality of SBP will find the niche in our country too and will become a demanded method of cashless payment in a number of segments, and we will continue to work with participating banks of a system of development of SBP services,

Market development of cashless payments – one of priority problems of the banking sector. The bank Russian Standard in the activity aims to make in it the maximum contribution. Further evolution of c2b service of transfers through SBP and implementation in it modern technologies will allow to lower costs for trade and service companies. Similar initiatives as a result always only positively affect the offer for the consumer, emphasized the director of the department of acquiring of Bank Russian Standard Inna Yemelyanova

Two percent for acquiring are essential costs for any retail. SBP not only will reduce costs of entrepreneurs, but also will promote reduction of cost of acquiring of payment systems at the expense of the increased competition. By our estimates, within 3 years the share of payments with the help and QR codes in 220 Volt Group will make up to 50%, comments the managing partner of 220 Volt Group Alexey Fedorov