Update
A7 to Unveil New Payment Service
On October 13th, 2026, the Russian international settlement system A7, created by Bank PSB, will introduce A7 International. This service allows payments for a foreign counterparty's invoice in USDT, with funds arriving via a standard SWIFT bank transfer in the required currency. The service is primarily aimed at foreign trade operators, though individuals are also eligible customers. The fee for the service is fixed at 0.3 percent. The new offering will be showcased by Petr Fradkov, Chairman of PJSC Bank PSB, and Ilan Shor, CEO of A7, on October 13th, 2026, at 13:13. Interested parties can join the live broadcast and learn more about the new project by following the provided links. A7 is a global financial technology company specializing in international payments and settlement solutions for international trade. It was established in 2024 with the involvement of PSB Bank. A7 is developing an independent global payment infrastructure across more than 100 countries, combining global financial expertise, advanced technology, and regulatory compliance. The company has processed approximately 2,000 transactions daily through its system, and in 2025, around 19% of Russian companies' cross-border trade settlements were processed through A7. In October 2025, A7 received an AA(RU) credit rating with a Stable outlook from ACRA.