The Bank of Russia is actively developing a standard to ensure security when using QR codes for payment. The regulator’s deputy chairman, German Zubarev, said that this standard is planned to be adopted soon. During the Finopolis 2023 forum, VTB representative Georgy Gorshkov expressed the idea of \u200b\u200bcreating a single payment QR code in Russia, which will provide customers with a convenient and safe non-cash payment method for goods and services. Olga Skorobogatova, first deputy governor of the Bank of Russia, emphasized that the regulator is ready to discuss this issue with members of the Fintech association.
The banking industry is committed to implementing a universal approach to payments via QR codes to provide convenience and security to customers. An important part of this process will be the new security standard that the Central Bank of Russia is working on. Meanwhile, the forum also provided an opportunity to discuss new challenges, including QR code scams used by fraudsters to defraud citizens with promises of social benefits.
Source: Ferra
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