The Russian Central Bank aims to streamline mass payments via digital ruble
The Central Bank of Russia plans to simplify payroll payments for companies using the digital ruble. The new initiative will enable organizations to transfer funds to multiple recipients in bulk with a single transaction through registries, speeding up processes and reducing costs significantly.
According to the Central Bank, the innovation will facilitate not only salary payments but also tax transfers, supplier settlements, and other financial operations. Basic digital ruble functions are currently being tested by pilot participants, with a full system launch scheduled for September 2026.
This development positions the digital ruble as a key tool for automating large-scale financial transfers, enhancing efficiency for businesses and government alike.