Now companies can accept payments from individuals in only five minutes using Sberbank services without going to bank

Nov 29, 2019
  • Service suppliers can enable option by signing agreement with e-signature via Sberbank Business Online
  • Payment option to become available via Sberbank Online internet banking for individuals and via network of 76,000+ self-service machines several minutes later

November 29, 2019, Moscow — Stakeholders can now join the system to accept payments from individual clients of Sberbank faster and simpler.

A service provider should only log in to Sberbank Business Online, select a settlement account to receive money from buyers, choose a service type and sign an agreement using a digital signature to accept payments for its services using Sberbank channels. Several minutes later, individual clients will be able to pay for services using Sberbank Online internet banking and a network of 76,000+ self-service machines.

One of the benefits of this agreement is that it facilitates payment processing for a company, as the bank forwards its corporate clients only one consolidated register a day, which is more convenient than receiving a set of payment orders. Payments become more convenient for individual clients, as it takes minimum information to post a payment, which reduces the number of mistakes when inputting data. As a result, the company is guaranteed to receive the money.

Oksana Sinelnik, Managing Director of Payments and Transfers, Sberbank,

“Early this year, we provided our corporate clients with the option of concluding agreements independently in five minutes without going to the bank. Our next goal was to cut the time of the service in the bank’s payment channels. Previously, it would be ready the next day, while today it only takes several minutes. We are glad to offer our clients a really high-tech service that meets today’s needs.”

You can find more information on how to join the payment acceptance network on Sberbank’s website.