FPS processes over 18 million transactions every day on average
22 August 2023
News
In April—June, individuals conducted over 1.6 billion operations worth ₽7 trillion via the Faster Payments System (FPS). The daily number of transactions was growing steadily. These figures more than doubled year-on-year. This is evidenced by Bank of Russia data.
In 2023 Q2, the number of money transfers between individuals via the FPS increased by 25% quarter-on-quarter, and the number of payments for goods and services — by 1.7 times.
The number of companies accepting payments for goods and services via the FPS grew by almost 60% quarter-on-quarter and exceeded one million. In addition, individuals began to use the FPS to make payments five times more often than a year ago.
Preview photo: SFC / Shutterstock / Fotodom