A7 to unveil a service that will re-invent the international payments market

On 13 October, the Russian international settlement system A7 , created by Bank PSB, is set to present 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 will cater 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, will provide a glimpse into its new offering on 13 October at 13:13.

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