22.04.2026, 09:25
VTB launches QR code payment for goods in Egypt
Source: OREANDA-NEWS
OREANDA-NEWS VTB has launched instant payment for goods using a QR code in Egypt, the bank said in a statement.
For VTB customers visiting Egypt, it is enough to point the camera through VTB Online at the QR code on the receipt or at the terminal in large retail outlets in the country. Payments are made in rubles and then converted into the Egyptian pound. There is no commission for making a payment. The limit of one operation is 25 thousand rubles, 350 thousand rubles per day. There are no restrictions on the number of purchases.
"Egypt is one of the top three most popular destinations among tourists, with more than 1.7 million Russians visiting the country in 2025. Egypt is actively developing the digital economy, supports the introduction of QR payments and the expansion of cashless payments. These processes are accelerated by the huge potential of the local market: more than 40% of local residents still do not use banks," said Alexey Okhorzin, head of VTB's Retail business products department.
A similar service is already operating in Vietnam, Kyrgyzstan and Tajikistan. This year, VTB plans to expand the geography of the service to ten countries.
For VTB customers visiting Egypt, it is enough to point the camera through VTB Online at the QR code on the receipt or at the terminal in large retail outlets in the country. Payments are made in rubles and then converted into the Egyptian pound. There is no commission for making a payment. The limit of one operation is 25 thousand rubles, 350 thousand rubles per day. There are no restrictions on the number of purchases.
"Egypt is one of the top three most popular destinations among tourists, with more than 1.7 million Russians visiting the country in 2025. Egypt is actively developing the digital economy, supports the introduction of QR payments and the expansion of cashless payments. These processes are accelerated by the huge potential of the local market: more than 40% of local residents still do not use banks," said Alexey Okhorzin, head of VTB's Retail business products department.
A similar service is already operating in Vietnam, Kyrgyzstan and Tajikistan. This year, VTB plans to expand the geography of the service to ten countries.
Комментарии