[bisq-network/growth] Add Faster Payments System (Russia) (Issue #254)

[Garwel]

### Why

The Faster Payments System (known as Sistema Bystrykh Platezhey, or SBP in Russia) is arguably the most popular method of small money transfers between individuals in Russia. It is convenient, quick, cheap (free within a certain amount for most banks) and accessible to almost anyone with a bank account. It will allow Bisq to tap into the growing Russian market.

### Region

Russia

### Currencies

RUB

### Chargeback risk

There is no chargeback procedure for transfers between individuals. Recipient's consent is necessary to return the funds.

### Size of user base

Customers of 200+ Russian banks have access to SBP including all the largest retails banks. So the user base can be estimated as tens of millions.

### Data requirements

Phone number and bank name.

### Verification

Payments usually arrive immediately and the recipient can see them right away. The first name and the initial of the last name of the sender is displayed (e.g. Ivan P.).

### Duration

Normally less than a minute.

### Fees

Fees depend on the sender's bank, but in most popular banks they are free up to a certain amount.

### Fraud risk

As long as the recipient has access to their online bank, they will see the transfer immediately, so falsifying it is almost impossible. Undoing the transfer is also not an option.

### Payment amounts

The limits are set by the sender's bank. The system's maximum allowed amount is 600,000 RUB per payment; minimum is not defined.

### Payment description

Text notes can be added to payments. Payments are monitored by banks, so it is better to avoid mentioning cryptocurrencies etc. to prevent blocking of accounts.

-- 
You are receiving this because you are subscribed to this thread.
Reply to this email directly or view it on GitHub:
https://github.com/bisq-network/growth/issues/254
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.bisq.network/pipermail/bisq-github/attachments/20211117/a6d4284c/attachment-0001.htm>