FPS transactions exceed ₽25 trillion by end of 2023 Q1
17 мая 2023 года
Новости
According to the Bank of Russia’s data, 1.2 billion transactions worth ₽5.4 trillion were processed via the Faster Payments System from January to March 2023.
On average, one person made 16 funds transfers and paid for six purchases via the FPS over the first quarter. This is twice as much as in the same period last year. Twelve months ago, only one in 24 individuals used the FPS to pay for purchases. However, every fourth individual preferred to pay for purchases via this system in 2023 Q1.
The number of merchants supporting payments via the FPS tripled over the year to reach 675,000 as of 1 April 2023. Notably, nine out of ten such merchants were small and medium-sized enterprises.
Preview photo: Shutterstock / Fotodom