Rosbank and CloudPayments offered an internet-acquiring with 1% service fee to entrepreneurs

    21 April

Rosbank keeps on supporting small business enterprises affected by epidemic of COVID-19 and jointly with CloudPayments offers them a fixed service fee rate of 1% for internet-acquiring for the period from 15 April to 30 September 2020. The rate is available for new clients from the categories that were selected as the most affected by the pandemic by the Government of the Russian Federation.

These categories includes retail trade of household appliances and electronics, clothes and everyday goods. The offer also is available for retail trade of food products and pharmacies.

The transition of sales to online channels today for lots of enterprises is a vital necessity. In order to make this process smoother, we and CloudPayments offer a convenient internet-acquiring with a reduced service fee for our clients”, Dmitry Smirnov, Director of Small Business Department.

"The Central Bank tries to help those industries that are most in demand during the period of self — isolation by taking this decision," emphasizes Dmitry Spiridonov, co-founder and CEO of CloudPayments. — And in this difficult period for many companies we will support the initiative of the Central Bank. This measure will force us to cut costs significantly and work on changing the revenue structure, but we believe that this will help our partners to survive the crisis with dignity and identify growth points for future development."

Follow the link for more information about services for small businesses.