Russian Businesses Adopt Digital Ruble to Cut Payment Fees to 0.3%

• —Digital ruble payment fees are around 0.3%, versus 1–3% for card acquiring
• —Companies with annual revenue above 120 million rubles must accept the digital ruble
• —Citizens opened over 220,000 accounts in the first month, against a 60,000 target for the year
• —Building acceptance infrastructure can cost a company up to 300 million rubles