Yandex will use the Fast Payment System

Yandex signed an agreement with the National Payment Card System (NSPK) on the use of the Fast Payment System (FPS). The ceremony was held within the framework of SPIEF-2021. The system allows you to transfer money between accounts of different banks by phone number.

“The document provides for the development of joint projects of the companies, as well as the use of SBP in Yandex services,” the NSPK said in a statement (quoted by Interfax). NSPK Commercial Director Dmitry Buvin believes that the agreement with Yandex will reduce business costs, and customers will receive “another simple, fast and secure way to pay for goods and services.” His words are quoted in the message of the NSPK.

Today, June 4, President Vladimir Putin suggested that banks, by the end of 2021, reimburse small and medium-sized businesses for commissions for using the SBP. According to the head of state, the authorities will support banks from the budget.

In April, the Central Bank presented a plan to expand the functionality of the SBP. According to the first deputy chairman of the Central Bank Olga Skorobogatova, the system is planned to be supplemented with services for making payments to the budget, as well as to be connected to the GIS of housing and communal services.

About the plans of the regulator – in the material of “Kommersant” “Central among banks”.

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