National Payment System

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The national payment system allows individuals and legal entities to make cashless settlements and payments.

The share of cashless payments in total retail turnover as of Q1 2025

86.7%

As of 1 January 2025 the national payments system comprises 28 payment systems, 354 money transfer operators.

The Bank of Russia ensures the stability and smooth functioning of the national payment system. It also provides the necessary infrastructure for cashless settlements in the Russian Federation.

In 2014, the Bank of Russia established the National Payment Card System Joint Stock Company (NSPK) that launched Mir payment system cards. NSPK also processes domestic payments made in Russia with cards of international payment systems.

More than 400.6 million Mir card were issued by Q4 2024.

Any citizen of Russia can apply for a Mir card. It is provided to all pensioners, civil servants, public sector employees, and persons receiving welfare payments (e.g. recipients of social benefits or students).

As of 1 July 2025, there were 224 banks using SBP. The system had processed 33.3 billion transactions worth 168.2 trillion rubles.

The Bank of Russia dedicates special attention to the development of payment technologies and services. In 2019, the Faster Payments System (SBP) was launched. SBP allows individuals to instantly transfer funds to each other using mobile phone numbers, pay for purchases, pay utility bills and make a wide variety of other transfers.