Sber Chairman of the Board of Directors German Gref said that the unified payment system using QR codes, which will unite Russian banks, should be a competitive product, so there should be at least two similar platforms on the market. .
At a press conference on the sidelines of the Eastern Economic Forum, he recalled that a consortium has already been formed to create a unified QR code system, which includes 18 of the country’s largest banks.
“In fact, the multi-platform already exists. We have been actively developing this project for 5 years, and our platform is no longer part of Sber, but an independent structure that we alienated. It will be transferred to the ownership of the consortium, Gref explained.
According to him, this should ensure that the bank is willing to compete and does not intend to create a monopoly. The head of Sber noted that existing large platforms put a certain pressure on the Central Bank, but he expects to overcome this in order to create fair competition conditions in this market.
Dmitry Malykh, Senior Vice President and Head of B2C Transactional Banking block of Sberbank, at the end of June reportedThe money turnover using the QR Fast Payment System (SPB) of the Bank of Russia and Sberbank’s QR is almost equal.
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Source: Gazeta
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