A7 represented a service that re-invents the international payments market
On 13 October, the Russian international settlement system A7, created by Bank PSB, presented A7 International, a service enabling payments for a foreign counterparty's invoice in USDT, with the funds arriving via a standard SWIFT bank transfer in the required currency.
The service caters primarily to foreign trade operators, but individuals are also eligible customers. The fee remains fixed at 0.3 percent.
Petr Fradkov, Chairman of PJSC Bank PSB, and Ilan Shor, CEO of A7, provided a glimpse into its new offering on 13 October
The broadcast:
Website A7.biz