Contactless payment via SBP was demonstrated at Finopolis
DOM Bank.The Russian Federation and PSB Bank demonstrated successful payment using the Wave contactless payment technology from NSPK within the framework of the Finopolis forum, held in Sochi from October 8-10. This was reported in the press service of DOM.RF Bank.
The functionality built into the mobile application of DOM Bank.In the Russian Federation, it allowed making a payment via the SBP contactless method using the POS terminal of the PSB bank. The test participants conducted a pilot operation in favor of the charity fund "Zhivi".
"Bank HOUSE.The Russian Federation was one of the first to implement transactions using the Wave contactless payment technology. We see this not only as a convenient and modern solution for our clients, but also as a strategically important step towards strengthening Russia's digital and financial sovereignty. In the current environment, the development of proprietary technologies and ensuring independence from external systems are becoming a priority for the Russian financial industry. We will continue to actively develop and scale contactless payment technologies, offering our customers the most advanced solutions," said Nikolay Kozak, Deputy Chairman of the Board of DOM.RF Bank.
"At the moment, PSB has already integrated the new technological solution Volna into 90% of its acquiring terminals. This technology allows business customers who use our payment infrastructure to provide a convenient payment method at retail and service enterprises, and also generally contributes to the development of business tools in Russia," said Irina Zimerina, Senior Vice President, Head of the Small and medium-sized Business Unit at PSB.
The Wave technology will allow smartphone users to pay for purchases contactless via the SBP and using Mir cards. According to experts, the possibility of using the Waves service for offline payments is currently being explored.
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