Payments by cash can be forbidden for online shops customers

According to «Izvestia», CB of Russia is going to review the document, launched by the«National payment council» in cooperation with the Association of Russian banks (ARB) which serves to prohibit couriers of online shops from accepting cash for purchases. The purpose of this document is to increase the turnover of bank card and the number of bank customers.

Experts believe that such step should bring more transparency into the whole e-commerce sector.

Moreover, this reform should bring advantages for all participants of the process: owners of online shops will be able to make the payments as safe as possible and exclude the possibility of theft by the couriers. In addition, they may attract new clients- those who prefer pay by card.

There are lots of pluses for the customers as well- non-cash payment is a great way to protect yourself from unscrupulous merchant, and there is no need to search for the change.

Turning to completely non-cash payments is considered to be easy enough – all couriers of online shops should be equipped with mobile terminals. mPOS technology appeared in Russia rather recently, but it has already gained a stable position on the market. The device is much cheaper and more convenient in use than the classic POS-terminal; with the help of mobile app, it can be configured for the exact type of business. According to experts, the amendment will make a greater demand for mPOS, and thus will create favorable conditions for the development of mobile acquiring in Russia.

Paymob-one of the leading payment services, successfully developing mobile acquiring network across the country and abroad. This is an ideal variant for small business: the service provides access to international payment systems (VISA/MasterCard, American Express, Diners Club, Discover, UnionPay), it is flexible, reliable and convenient. Note that the connection to the service is very simple- it can be done in one click- just visit, - it won’t take long.

About Paymob:

LLC «Mobile Payment Systems» (PayMob brand) is a part of CCT group- one of the leading Russian developers of innovative IT solutions for the financial and banking sectors. Paymob service fully complies with international security standard - PCI DSS.

Source: izvestia..