Alfa-Bank, together with SafeCrow, a development company, launched the “Safe Transaction” service for SME

Safe Transaction – an on-line infrastructure for b2b payments, which allows companies and entrepreneurs to conclude transactions 24/7, without contacting a bank or a lawyer, but with a 100% guarantee that the parties will fulfill their obligations.

The service can be used both by Alfa-bank clients as well as by the companies without an account in the bank. The service’ co-partner is SafeCrow company, responsible for the safety of online transactions. 

“We are launching an infrastructure that will let SMEs to solve one of the main tasks: searching for new contractors and business partners, entering new markets. Trust in partners is a key issue for the development of any business …

Even micro-enterprises can use the service: the costs of financial safety are not high even at the small amount transactions, “ said Denis Osin, the head of the SME block at Alfa Bank.

“We are happy with the results and our team work with Alfa-bank during the project. T is our second major project with financial market leaders. We see the demand for the service both by legal entities and individuals. And we have lots of plans ahead, including joint projects with Alfa-Bank to develop new service capabilities, ”said Evgeny Tikhomirov, Managing Director of SafeCrow.