The Central Bank of Russia explained how the digital ruble test is progressing

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The Digital Ruble pilot project is progressing as planned. The press service of the Central Bank of the Russian Federation told socialbites.ca about this.

“Tests of all operations provided for this stage are ongoing: opening and replenishing digital wallets, transfers between citizens, payment of purchases using QR code, simple automatic payments. The press service noted that customers of pilot banks, both legal entities and individuals, have been participating in the tests since August 15.

The regulator’s press service explained that currently the Bank of Russia, together with other participants in the pilot, is focusing on customer experience – it is important for it to be as convenient as possible. The press service also added that the Central Bank and its participants are focused on going through all stages of business processes, identifying areas that require improvement and improvement.

The law on the introduction of digital rubles in Russia came into force on August 1. Russian President Vladimir Putin signed it on July 24. The Central Bank of the Russian Federation plans to introduce the digital ruble into mass circulation, based on the results of step-by-step tests and subject to the successful completion of the pilot implementation of all scenarios for operations with the digital ruble.

Starting from 2025, citizens and businesses will be able to actively use the new ruble. said Natalya Demidova, expert of the Department of Payments and Settlements “socialbites.ca” of the Main Directorate of the Central Federal District of the Bank of Russia, comments on the launch of pilot tests of operations with real digital rubles. Previously, such a date was determined by the Governor of the Central Bank of the Russian Federation, Elvira Nabiullina.

56 percent of citizens are aware of the digital ruble that is being prepared to be implemented in Russia, and the same number of respondents plan to use it in the future. reported “socialbites.ca” refers to a survey conducted by Sinara Bank.

Previously “socialbites.ca” saidHow can you pay with digital rubles?

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