Starting April 1, legal entities will be able to make payments to each other using the Faster Payment System. Transactions will be carried out around the clock using a QR code, writes Izvestia.

Starting April 1, business owners will be able to make payments among themselves through the SBP

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The money will be credited to the recipient almost instantly. At the same time, banks will set the amount of commissions for companies and individual entrepreneurs independently.

It will not be possible to make payments through the SBP following instructions, nor if personal accounts are opened in the territorial bodies of the Federal Treasury. The service will not be available to entrepreneurs who only have a deposit account at the bank.

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.

Author:

Karina Pardaeva

Source: RB

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