• 12 Neglinnaya Street, Moscow, 107016 Russia
  • 8 800 300-30-00
  • www.cbr.ru
What do you want to find?

National Payment System

The national payment system provides cashless settlements and payments to individuals and legal entities.

According to the results of 2020, the share of cashless payments in total retail turnover exceeded

The national payment system comprises 31 payment systems, 486 funds transfer operators, and over 500 payment agents and bank payment agents.

The Bank of Russia ensures the stability and smooth functioning of the national payment system and the necessary infrastructure for cashless settlements in the Russian Federation.

In 2014, the Bank of Russia established the National Payment Cards System (NPCS), based on which the Mir cards and the Faster Payments System (FPS) were created. Additionally, all domestic Russian payments using the cards of international payment systems are processed through the NPCS.

As of end of 2021 Q3, the number of issued Mir cards totalled 108.6 million.

The Mir card is accepted throughout the Russian Federation and in a number of CIS and non-CIS countries. The Mir card accounts for more than 25% of all card transactions in Russia and 32,3% of new card issuance.

Any citizen of Russia can apply for a Mir card. It is mandatorily provided to pensioners, civil servants, public sector employees, and people receiving budget payments (such as public welfare recipients or students).

As of 1 January 2022, 212 banks were participants in the FPS. About 986 million transactions worth 5.9 trillion rubles were processed by the system.

The Bank of Russia pays a special attention to the development of payment technologies and services. In particular, in 2019, the Faster Payments System (FPS) was launched, which allows individuals to instantly transfer funds to each other using mobile phone numbers, pay for purchases, pay utility bills and make a variety of other transfers.

Department responsible for publication: National Payment System Department
Was this page useful?
Last updated on: 10.01.2022