In early February, Sber will launch its largest Pay Sticker technology mass testing, offered to users free of charge. Pay Stickers enable one-tap NFC payments without the need to install any apps.
„This technology will, first and foremost, come in handy for iOS users who are used to contactless payments. Currently, with Sber, they can do it using a QR code, but the pay sticker technology will bring this payment method to more clients.” – according to the press release.
Kirill Tsaryov, first deputy chairman of the Executive Board, Sberbank:
„Pay Stickers are reliable and secure, as they are essentially smaller bank cards. We also want to see the demand levels for this payment method among our clients. That’s why we invite 100,000 clients to test this innovation for free and share their feedback with Sber. Based on that, we will decide whether to roll out this solution on a mass scale or not, taking into account our testers’ suggestions on product improvements, as our top priority is our clients’ convenience and comfort when using our services.„
„Client testing will start soon, and we will soon notify you additionally on how to become testers for this service.” – the bank says.
Pay Stickers are stuck to the back of an iPhone and look like ordinary bank cards, only several times smaller. You simply break off the part designated for sticking, remove the protective film, and stick the sticker on the lower back of the phone to avoid interference with the NFC antenna.
Pay Stickers do not have card numbers or CVC codes. You can pay with your sticker anywhere where they have contactless payment terminals: in stores, cafes, beauty parlors, etc. You can also use them to withdraw cash at an ATM with contactless authorization.
Pay Stickers are versions of Mir Debit SberCards and have the same features: you get SberSpasibo reward points for each purchase; the service is free of charge, if your monthly purchases amount to RUB 5,000 or more. You can set your own PIN code, set spending and transaction limits, or block your sticker in case of loss.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
