The first members have joined the consortium of banks that will develop a unified QR code. Sberbank, Alfa-Bank, and T-Bank have signed a memorandum on the creation of a consortium to develop a unified QR code, which will be the first step in the development of new high-tech payment instruments.
The consortium involves up to 12 founding investors, with Sberbank retaining a 45% stake, which will be slightly less than a controlling stake, and decisions will be made by a majority of 75% of the votes.
Sberbank will transfer its MultiQR service to the consortium, which already connects 20 credit organizations, covering more than 88% of the market. The initiative aims to create an alternative to the Faster Payments System (FPS), which has significantly expanded its network and reduced commissions over the past year.
Nevertheless, the Bank of Russia may hinder the development of the project, which, together with the National Payment Card System (NSPK), is already promoting its universal QR code. Experts do not see significant differences between the two systems but emphasize the importance of coordinating the consortium's actions with the Central Bank to avoid confrontation and ensure stable income for participants.
Read materials on the topic:
Под одним QR-кодом: консорциум российских банков работает над альтернативой решения от СБП
Более 1,5 миллиона операций проведено по универсальному QR-коду НСПК за два месяца
Цифровой рубль, быстрая оплата: НСПК завершает работу над универсальным QR-кодом для СБП
