The Fast Payment System (FPS) is a true breakthrough in how we make money transfers. No more waiting, entering long account details, or worrying about banking system restrictions. Now, money moves instantly and effortlessly — from you to the person or business you need.
The system includes: Sberbank, VTB, Alfa-Bank, T-Bank (Tinkoff), Otkritie, Gazprombank, Rosbank, PSB, and others. A total of 215 banks.
Below is a screenshot from the official website, where you can see the functions available to banks that have joined this system.
How Does It Work?
FPS allows you to send money in just a few clicks. A phone number or QR code is all you need to ensure the payment reaches its recipient. And it doesn’t matter which bank the recipient uses.
This system operates 24/7 without breaks or holidays. Simply open your bank's app that supports FPS and enjoy the freedom of instant transfers.
Why Is It Convenient?
• Speed. Transfers are completed instantly.
• Ease. Forget about complex account details — just a phone number or QR code will do.
• Cost Efficiency. Most transactions are free or come with minimal fees.
• Security. Advanced technologies ensure your money is protected.
New Opportunities for Businesses
FPS isn’t just about simplifying life for individuals; it also opens up new horizons for businesses. Transaction fees for accepting payments are lower than those of traditional acquiring systems, and customers appreciate the simplicity and speed of payments. Whether it’s stores, cafes, or online services, QR codes for FPS payments are becoming more common and convenient.
Why Is It Safe?
FPS employs cutting-edge encryption technologies and multi-level data verification. Every transaction is thoroughly monitored, giving you confidence that your funds are in safe hands.
The Future Belongs to FPS
FPS is just the beginning. Today, it’s already changing our habits, and tomorrow it may become the standard for international payments. Fast, simple, convenient — this is what the financial world of the future looks like.
The Fast Payment System is not just a technology; it’s a step into a new era where the boundaries between people and banks blur, and money flows like a river — without obstacles or delays.
Our Bitcoin exchange supports payments and withdrawals via the Faster Payments System (FPS). For those planning to withdraw funds using this method, we recommend reading the article "SBP: Disconnect irrelevant cards and save your money"
