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National Bank instructs to complete introduction of payments by QR code

Commercial banks, operators of electronic wallets and other payment systems working through mobile applications were instructed to complete the process of introducing payment for goods and services using a QR code by December 31, 2022. The National Bank of Kyrgyzstan reported.

Commercial banks and payment systems should help organizations introduce such a cashless payment method, as well as inform citizens about new opportunities.

At the same time, the National Bank recommends adhering to the following security measures in making such payments:

  • Before confirming the payment, you should check the payment details (transfer amount, name of the recipient, and so on);
  • Use PIN codes, limits, if these functions are implemented;
  • Avoid scanning random QR codes.
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