The Faster Payments System (СБП) is a Bank of Russia service that allows individuals to make instant transfers by mobile phone number to any bank member of the Faster Payments System (СБП), and also to pay for goods and services in retail and the Internet stores using a QR code.
To make a payment on the site using the Faster Payments System (СБП), the customer needs to open the mobile application of his bank (if this bank is a member of the Faster Payments System) and scan the QR code on the payment page. The customer's bank receives payment information and transfers the funds to the merchant's account. If the courier delivers the ordered goods, then the QR code with the payment information comes to the courier’s mobile device, then it is read through a banking application installed on the customer's smartphone.