Financial University Becomes First Russian University to Bill Students Through Gosuslugi
The Financial University under the Government of the Russian Federation has launched its Finpay billing system for full-scale operation.
The university is the first in Russia to connect to the System of Interagency Electronic Interaction (SMEV) and begin billing students for tuition through the State Information System on State and Municipal Payments (GIS GMP).
The system automatically generates bills for tuition and university housing. Students receive payment notifications through Gosuslugi (Russia’s public services portal), banking apps, the university’s online account portal, and a mini-app in the Max messaging platform. They can pay with a single click, with no transaction fee.
As of September 1, 2026, the system had more than 305,000 bills on record, with 84.3 percent paid. Annual savings on payment processing fees exceed 21 million rubles (about $250,000), and the time needed to collect payments has fallen to one day.
