The Central Bank of RF Will Introduce Payments by Smartphone in Transfer System Similar to Apple Pay
Technology development was confirmed by the press service. Representatives of VTB, Promsvyazbank and Rocketbank heard about the initiative.
“Today, payment by QR codes is still not widespread in Russia, and training bank customers to use it will take a long time. Against this background, contactless NFC payment will allow more active use of the quick payment system”, said Maxim Nalyutin, head of the Deloitte financial services group in the CIS. The Central Bank launched the Quick Payment System in 2019, it allows you to transfer money between cards of different banks by phone number, in the fall the system implements the ability to pay for purchases using a QR code.