Banks began to implement cash withdrawals in cafes, restaurants and hotels. Such functionality is already working in PSB, it is being tested in Ak Bars Bank, their representatives told Izvestia.
Nikita Khomutov, the director of the acquiring department of the bank, told Izvestia that cafes and restaurants make up about a quarter of the bank’s partners who have implemented the technology of issuing money at the checkout (there are about 300 such trade and service enterprises in total). To receive real money, you need to make a purchase.
The service for withdrawing real money in cafes, restaurants and hotels is in the process of testing for all payment systems, said Alexey Bakhaev, head of the department for the development of social projects, housing and communal services projects and cash solutions for partners of Ak Bars Bank. He clarified that the piloting of the service is planned for the third quarter of 2021 – 10 cafes in Tatarstan will become partners.
Otkritie and Dom.RF banks are considering the opportunity to pilot cash withdrawals not only in stores, but also at enterprises from other segments (including cafes, restaurants and hotels), their representatives said.
The cash withdrawal service in retail outlets is offered by the main payment systems operating in Russia: Visa, Mastercard, Mir. Banks and retail can connect it at will. As a rule, in order to receive money from the card, you need to make a purchase.
Read more in the exclusive material from Izvestia:
Cash for breakfast: cash began to be dispensed in cafes and restaurants
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