VTB Bank in cooperation with Visa, began testing the technology for accepting payments via smartphones. This was reported in the press service of the Bank.
“VTB Bank jointly with Visa began testing technology that allows to use the smartphone for receiving electronic payments in Russia. The Bank will provide acquiring a mobile app for self-employed SoftPOS Russians and enterprises microbusiness. Now they will be able to accept payment for services without having to purchase special equipment”, — stated in the message.
As specified, for use it you need to download the special smartphone app SoftPOS in Android OS and to use the device as a payment terminal. The process looks the same as when paying in a contactless manner. 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.
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