The BRICS payment system, which should work in all countries of the association, presented a demo version of the card for paying for purchases. The first copies were received by participants of the BRICS Business Forum in Moscow when registering for the event, according to the BRICS Pay website.
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Each demo card has 500 rubles in its account, which can be spent on coffee or souvenirs on the forum on October 17 and 18. This amount can be credited to your account in the BRICS Pay app using the QR code printed on the card. You can use it to pay for purchases at various points of sale in the World Trade Center where the event is taking place.
The service application opens through a browser; to register, you must use an email address; However, verification through foreign services Gmail and iCloud works with failures, unlike domestic Yandex Mail and Mail.ru, a TASS correspondent noted.
The fact that the BRICS countries are developing a unified payment system, BRICS Pay, was reported to Izvestia in 2019 by the Russian Direct Investment Fund (RDIF), which acts as coordinator of the working group on financial services of the BRICS Business Council. from Moscow. The system should unite domestic payment services for retail payments and transfers, competing with Apple Pay, Google Pay and other Western services.
Author:
Karina Pardaeva
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
