A universal payment method may appear in Russia

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The Bank of Russia plans to launch a pilot project to use a universal QR code for payments for goods and services in mid-2024. This was stated by the first deputy speaker of the organizer in the State Duma, Olga Skorobogatova. Interfax.

“We want to start a pilot with a few banks this year, it will be in the middle of this year,” he said.

According to Skorobogatova, citizens are now confused when asked to choose a payment method among a large number of QR codes. A universal payment code will simplify the payment process.

“Together with market participants, we realized that we needed to introduce a universal QR, a kind of technological standard that does not force a person to think with which QR to pay,” said the first deputy governor of the Central Bank.

The Central Bank also plans to launch a pilot project on biometric payment or bioprocurement in mid-2024. This is a technology that allows you to pay for purchases up to a certain amount using facial recognition.

Before that experts said How many helps Russian elders understand the financial situation.

Previously recognized Number of Russians who received loans.

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