The Russian Export Center (REC, VEB.RF) group has launched the alternative payment methods marketplace "Planeta" — an innovative platform that unites verified international payment solutions into a single transparent and secure infrastructure. The platform was developed by ROSEXIMBANK (part of the REC Group) in cooperation with partners.

"Today, the market offers numerous alternative payment mechanisms, and now it is they who compete with each other for clients, rather than the other way around. However, key problems remain — these are the lack of market transparency and high risks that foreign trade participants have to take on. REC, as a state development institution, has set itself the task of systematizing payment solutions and creating a safe, trusted environment for working with them," said Veronica Nikishina, CEO of the Russian Export Center.

The "Planeta" payment solutions aggregator is a solution approved by government authorities. The key advantage of the platform is security. "Planeta" combines the best alternative payment methods under the control of regulators and offers:

– secure transactions with escrow for banks and foreign trade participants, with transparent counterparty selection;

– competitive tariffs without limits on amounts, goods, or jurisdictions;

– reduced regulatory and legal risks due to full transparency for regulators;

– more than 25 currencies and flexible schemes for large turnovers.

Other advantages of the platform include payment speed — from 1 day, reliability thanks to support from government bodies and compliance with currency regulations, as well as the ability to operate in complex regions: Latin America, Africa, Asia.

Based on the platform, a new agency payment model with China is available with full compliance support for transactions, secure yuan payments at the Bank of Russia exchange rate, and no restrictions on amounts, product range, or risks of "stuck" funds.