Sberbank customers can now transfer money using just a mobile number

Tinkoff Bank, a pioneer in P2P money transfers using a mobile number, has made available this service to Sberbank customers – expanding its potential audience to millions of customers of Russia’s leading savings bank.

This service, which Tinkoff describes as being one of its most popular payment methods, will be made available to all Sberbank customers across Russia by the end of this month.

“Tinkoff was one of the first in the Russian market to offer this option within our own banking system. Now, alongside our partner Sberbank, we are scaling this service and taking it to the next level,” said Anatoly Makeshin, Director of Payment Systems and Deputy Chairman of Tinkoff Bank.

Tinkoff Bank and Sberbank cooperate in other fields, too, including mobile virtual network operators (MVNO).

Tinkoff Bank says it is also developing a “rapid payment system” which will allow customers to “make instant transfers using other identifiers (such as email address, TIN, SNILS, social network accounts, etc) anywhere and at any time, regardless of the beneficiary bank.”

Topics: Banking technologies, Corporate, Corporate R&D and innovation, E-Payment, Fintech, Mobile & Telecom, News, Payment & banking technologies, Payments
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