Four more banks have joined the digital ruble platform using the Right line solution

Four more banks have joined the digital ruble platform using the Right line solution

This autumn, four more banks have joined the digital ruble platform of the Bank of Russia using the “PCR‑Connect” solution.

The geography of application of our technological solution continues to expand, and expertise in the field of digital financial services is becoming increasingly in demand among an ever‑greater number of banking organizations.

According to research, the volume of digital rubles in Russian banks’ accounts increased 216‑fold after the launch. As of October 1, it exceeded ₽13 billion.

“PCR‑Connect” is a comprehensive software solution designed to ensure interaction between banking infrastructure and the digital ruble platform. It includes all the necessary services to implement current scenarios for working with the new form of the national currency and enables banks to build reliable interaction with the Central Bank’s platform.

The growing number of banks using “PCR‑Connect” confirms the demand for ready‑made technological solutions for implementing new financial instruments. At Right Line, we continue to develop the product, taking into account changes in regulatory requirements, updates to the digital ruble platform, and the needs of banking infrastructure.

“We are glad that an increasing number of banks trust us to implement projects related to the digital ruble. For our team, each such project is an opportunity to apply our accumulated expertise and help financial organizations confidently adapt to digital innovations. We understand how important it is for banks not just to meet new requirements, but also to do so with minimal technological risks, while maintaining the reliability and stability of their systems. We will continue to support our partners on the path to digital transformation.”

— Right line experts

According to VTB, Russians most often use the digital ruble for transfers, paying utility bills, and taxes. And every fifth respondent received a transfer in digital rubles or topped up their digital wallet.

 

—
Right Line Press Service

Anastasia Sorokina

press@corp.rtln.ru

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