The Central Bank of Russia's Fast Payment System (СБП) facilitates quick and convenient payments and transfers through multiple methods including QR codes, NFC, buttons, links, and linked accounts. Users can pay with their smartphones without needing a card, and receive cashback and discounts through promotional campaigns. The system is accessible through the СБПэй app, allowing for one-touch payments and the option to link bank accounts for seamless transactions.
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Columns5| Company | Markets | New markets | Momentum | Activity | Expansion score |
|---|---|---|---|---|---|
 Система Быстрых Платежей ЦБ РФYou | 0 | 0 | 0% | 0 | 56 |
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St. Petersburg will implement the Fast Payment System for parking by the end of 2024, offering a convenient payment option alongside existing methods.
St. Petersburg launches cashback program for public transport cards, offering 10% return through Fast Payment System until December 31, 2024.
Russians made purchases worth 4.1 trillion rubles through the Faster Payments System (SBP) in the first half of the year.
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