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October 13, 2020

CyberPlat^® announces the launch of a service for money transfers from legal entities to individuals (B2C transfers) through the Fast Payment System (FPS) of the Bank of Russia.

Companies and organizations, using the B2C transfer service, can implement salary projects and bonus programs, transfer funds at the request of employees to accounts in any banks connected to the SBP. Legal entities with the help of targeted transfers to individuals can transfer income from investment operations, pay insurance premiums, lottery winnings and cash prizes, as well as make other payments.

A prerequisite for the implementation of B2C transfers through the SBP is that the receiving bank has this functionality. Settlements in the Fast Payment System occur in real time.

Bank PLATINA, the settlement bank of the CyberPlat^® electronic payment system, became one of the participants in the SBP in 2019. Information about the inclusion of PLATINA bank is posted on the website of the Joint Stock Company National System of Payment Cards (JSC NSPK), which is the operational payment and clearing center of the SBP (https://sbp.nspk.ru/).

We support the initiatives of the Bank of Russia, which is consistently expanding the functionality of the SBP. Instant money transfers to individuals by phone number are an effective payment tool for business development. In the CyberPlat^® payment system, where there are more than eight thousand suppliers of financial, telecommunications, utilities, transport and other services, this modern convenient financial service will be in great demand. It simplifies transfers to individuals from companies, allows the latter to reduce costs and gives the business additional opportunities to attract new customers, — says Andrey Gribov, CEO CyberPlat.

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