Russian banks will transfer money by social networking

The number of domestic banks intend to abandon the traditional card system and the corresponding sums of money in favor of a more modern in their view methods. In particular, they will use the social network, as it became known from 14 participants of the Association “FINTECH” – the Central Bank, nvqs, Qiwi and others.

In the near future the transfer of money in Russia will become possible from a smartphone via the phone number, email address, account on social networks and so on, and there are plans to do this not only within the same Bank, but in relation to transfers between different banks. To work it will be exactly the same as it is now in the savings Bank implemented the transfer of funds by phone, only everything will be much bigger.

Currently, the system is already in the testing stage, so very soon the numbers of the cards to be translated that still no one ever remembers may no longer be required. Another thing is that email and social networks are easily hacked, and to access them if you have experience and the necessary software for a few minutes, so even if the card will cancel, transfer money safest be just the mobile phone number.

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