MOSCOW, 24 sen — PRIME. Visa began testing in Russia the technology that allows to use the smartphone as a payment terminal, said Tuesday the press service of the company.
“The new solution will help to expand the use of cashless payments, including, among self-employed Russians and enterprises microbusiness that will be able to accept payment for services without purchasing special equipment. In testing the technology involved banks VTB, MTS and PSB”, — stated in the message. It is noted that for receiving cash payments, you need to install on your smartphone a special application to continue to use the device as a payment terminal.
The payment process looks exactly the same as when paying in a contactless manner. So, to make a payment to the buyer enough to make the phone seller contactless card or mobile phone connected to Apple Pay, Google Pay or Samsung Pay.
“Just a couple of years ago, we realized for the first time in Russia the ability to pay using mobile phones. Today and make a new step forward, and now the smartphone becomes a payment terminal. Never before has the payment industry is not developed with such speed! We are witnessing changes that are radically changing ideas about the payment process and are able to give a new impetus to the spread of cashless payments”, — given in the message words of the General Director of Visa in Russia Catherine Petelino.
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