FinStream provides technology integration for payments using QR code

FinStream provides technology integration for payments using QR code - the solution is based on the universal adapter of the Fast Payment System (FPS), which is an integral part of the AnyWay system.

This technology can be used by both large retail chains and small retail outlets wishing to expand their business opportunities through the introduction of modern payment methods. The adapter ensures delivery of the generated QR code to the merchant's information system. To make a payment, the buyer only needs to scan it via the mobile application of the bank participating in the BPS and confirm the transaction.

At present this technology is undergoing testing and is also being prepared for launch by a number of banks-participants of the BPS for use in the largest retail networks of Russia. For example, the first transaction has already been conducted as part of a joint project between ROSBANK and X5 Retail Group.