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Cash withdrawal will be allowed at the cash desks of stores throughout Russia - EastRussia | Far East

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Cash withdrawal will be allowed at the cash desks of stores throughout Russia

Cash withdrawal will be allowed at the cash desks of stores throughout Russia
Photo: pixabay.com

The largest Russian banks are planning to expand to the whole country an experiment on cash withdrawal from cards at the cash desks of stores. The Central Bank has already supported this idea.

Now you can withdraw cash from the card at the cash desks of stores in sparsely populated areas in the Far East. There, the experiment operates in test mode with individual banks and retailers. As they say "News", now they intend to distribute it to the whole country.

According to experts, this step will be profitable for retailers, because in this way they will recoup the cost of acquiring and attract additional traffic. However, in order to withdraw cash, a visitor to the store will have to buy something, otherwise it would be unprofitable for merchants to provide this service. Now the Association of Russian Banks is investigating whether this will not violate consumer rights.