In 2023, Russians used the SBP 7 billion times and transferred more than 27 trillion rubles, the Central Bank reported. Compared to 2022, the total number of transfers has doubled and cashback programs have become an incentive for the growing popularity of the system.

In 2023, Russians used the SBP 7 billion times and transferred more than 27 trillion rubles – Central Bank

By the end of 2023, Russians used the Fast Payment System (FPS) 7 billion times. This was reported by the press service of the Bank of Russia.

The total amount of transfers through the SBP in 2023 amounted to 27.7 trillion rubles, more than double that of 2022.

Purchases worth 3 trillion rubles were made through the SBP; The popularity of the system in this category of transactions was facilitated by loyalty programs with cashback payments, the Central Bank noted.

Author:

Kirill Bilyk

Source: RB

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