Right line completed testing of SBP Connect solution for DOM.RF Bank
MOSCOW. 25 April 2024.
Right line, a leading software developer for the financial sector, has successfully completed testing of B2B transactions scenario in the Quick Payment System (QPS) together with Bank DOM.RF.
Implementation of B2B SBP functionality in banks significantly simplifies the process of money transfer for legal entities – the recipient does not need to send an invoice, it is enough to provide a QR code or a payment link, and the payer needs to follow the QR code (or link) and make the payment.
The B2B SBP scenario allows legal entities to make and receive payment instantly, around the clock, including weekends and public holidays.
The maximum amount of B2B transfers via SBP is currently limited to RUB 1 million. Banks independently set the amount of commissions for their clients.
Mikhail Zubakin, Director of Right line payment systems department:
‘The significance of the new B2B SBP scenario is evidenced by the fact that its launch was under special control of the Central Bank of Russia, and we, as a solution vendor, were directly involved in the launch of the new service in banks.
First of all, B2B payments will be in demand for small and medium-sized businesses, where simplicity and speed of payment are important. I am sure that legal entities will quickly appreciate all the advantages of the new service’.
___
Right line is a leading developer of software solutions in the financial and banking spheres. The company’s software is certified by the NSPC and registered in the Unified Register of Domestic Software, which allows to quickly launch projects in the field of e-commerce, cross-border transfers, SBP and the Digital Rouble
News
Right line is ready to connect banks of the second and third waves to the digital ruble platform
Open APIs, the digital ruble, and bio‑acquiring: what was discussed at the 17th PLAS Forum in Moscow
Right line took part in the MEI business mission in Istanbul.
An employee of Right Line held a charity day for the families of “Dobry Dom”.