Central bank Russian Federation (Bank Russia) begins reform the payment market

It threatens with loss by banks of part of their commission income Central bank Russian Federation (Bank Russia) declared preparing reform the payment market who can turn back for banks loss of part of the commission income: the regulator will give the chance of any non-financial companies to be engaged in payments Russians. Central bank Russian Federation (Bank Russia) in the report. In Russian Federation to register payments and the translations can banks or the non-bank credit organizations (for example, the Gold Crown or Western Union service) – any another financial and the more so the non-financial organization cannot be engaged in it business. It is a large market: in 2020 citizens made...