MIL-OSI Russia: Moscow Metro Launches Pilot of Digital Ruble Payments Using Universal QR Code

Translartion. Region: Russians Fedetion –

Source: Moscow Metro

The Moscow Metro, together with the Central Bank of the Russian Federation (CBRF) and VTB Bank, is piloting a new method of paying for travel with a digital ruble using a universal QR code. As part of the closed beta testing, the focus group successfully purchased Troika cards and topped up their balance with a digital ruble at ticket offices.

Moscow metro.. Moscow Metro.

The innovative system simplifies the payment process:

1. Passengers use their bank’s mobile app to scan a single static QR code located at the ticket counter.

2. They choose a digital ruble or a fast payment system (FPS) and confirm the payment.

Moscow is the world leader in the number of payment methods in public transport. In the future, passengers will be able to pay with the digital ruble along with cash and contactless payments. Currently, we are working with our partners to verify and analyze the accuracy of transactions with digital currency. Following the instructions of Moscow Mayor Sergei Sobyanin, we are introducing fast, convenient and secure payment solutions, – said Maxim Liksutov.

MIL OSI Russia News