Regulatory Alerts2026-03-31
External Regulatory Circular DSP-465 of March 31, 2026, Subject 18: Interoperability of Immediate Low-Value Payment Systems
The Board of Directors of the Bank of the Republic issued External Regulatory Circular DSP-465 to fully replace previous regulations regarding the interoperability of immediate low-value payment systems. The circular establishes technical and operational requirements for payment system administrators, including a maximum transaction value of 1,000 Basic Value Units and a processing time limit of 20 seconds. It mandates strict standards for key management, QR code usage, and real-time synchronization between federated and centralized directories to ensure secure and efficient cross-system transactions.
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