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July 5, 2018

Sberbank adds support for Google Pay in Russia

State-owned Russian lender Sberbank has collaborated with Google to enable its customers carry out online transactions through Google Pay on websites and apps.

The introduction of Google Pay aims to make the payment process easier, which involves the selection of a Google account and a payment card to approve a transaction.

The service is available across major browsers on mobile devices as well as on laptops and personal computers.

Google Pay has a uniform interface with a user-friendly payment method to enable seamless transactions.

Sberbank acquiring and bank card division director Svetlana Kirsanova said: “Google Pay will help users of online shops save time when shopping and make this process more user-friendly.

“In the modern world, the speed and easiness of making purchases are the priority, and that’s why Sberbank is focused on introducing technology that helps to avoid performing additional actions and lets purchases be made in seconds.”

Google Russia managing director Dmitry Kuznetsov added: “Google Pay provides a unique service in the area of selling online goods and services. By using the single integration, sellers will receive access to many cards saved in the users’ Google accounts. That will make users’ lives easier and increase sellers’ conversion rates.”

Last month, Google Pay started providing services in Germany in collaboration with Commerzbank, Comdirect, Wirecard and N26.


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