Regulatory Alerts2019-12-11 | 130295Rules for Conducting Payments and Transfers Using Two-Dimensional Barcode Symbols (QR Code)
The National Bank of the Kyrgyz Republic issued these Rules to standardize QR code payments and establish a unified, cross-system payment space for licensed payment system participants. The document mandates that all Interaction Operators integrate with the main "Elkart" operator within three months, comply with national and EMV QR standards, and maintain real-time gross settlement connectivity. It further defines operational responsibilities, contractual obligations, data routing procedures, and security requirements to guarantee seamless fund transfers from payers to final recipients.
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Date of creation: 2026-02-12
Appendix to the Resolution of the Board of the National Bank of the Kyrgyz Republic dated December 11, 2019 No. 2019-P-14/62-5-(PS)
RULES
for conducting payments and transfers using two-dimensional barcode symbols (QR Code)
(As amended by resolutions of the Board of the National Bank of the Kyrgyz Republic dated June 2, 2022 No. 2022-P-14/35-4, August 24, 2022 No. 2022-P-14/53-4, May 24, 2023 No. 2023-P-14/34-3, September 4, 2024 No. 2024-P-14/41-2, October 29, 2025 No. 2025-P-14/57-2-(PS), December 26, 2025 No. 2025-P-12/70-6-(PS))
Chapter 1. General Provisions
- These Rules establish the procedure for conducting payments and transfers (hereinafter - payments) using two-dimensional barcode symbols and payment links (hereinafter - QR Code) and settlements thereon within the territory of the Kyrgyz Republic.
(As amended by the resolution of the Board of the National Bank of the Kyrgyz Republic dated May 24, 2023 No. 2023-P-