BANCO CENTRAL DE RESERVA DEL PERÚ

CIRCULAR No. 0028-2026-BCRP
Lima, 5 November 2026

Regulation for the Use of Quick Response (QR) Codes in Payment Services

WHEREAS:

Literal a) of Article 10 of the Law on Payment Systems and Securities Settlement, Law No. 29440, as amended by Legislative Decree No. 1665 (Payments Law), establishes that the Central Reserve Bank of Peru (hereinafter, the Central Bank) is the governing body of the National Payment System and may issue rules, regulations, principles, standards, mandates and measures that ensure that the National Payment System operates in a safe, efficient, interoperable and transparent manner and that competition and innovation are promoted, as well as supervise compliance therewith.

The Regulation of the Payment Service with Quick Response (QR) Codes, approved by Circular No. 0003-2020-BCRP, establishes the standard for the use and reading of QR Codes and the registration of QR Code Providers and Digital Wallets.

Article 32 of the General Regulation of the National Payment System, Circular No. 0022-2025-BCRP, recognizes as Payment Services, among others, the Execution of Funds Transfers, payment initiation, Acquiring of Payment Operations and Collection of Funds. Such Payment Services may be offered through the use of QR Codes.

Since the implementation of the Interoperability Strategy in 2022, Immediate Payments with Alias have grown significantly and their use has spread to various digital payment channels, including Digital Wallets, mobile banking applications, POS terminals and e-commerce platforms.

In the National Payment System, various providers offer QR Codes and Digital Wallets. Although such codes may comply with the EMVCo standard, the absence of a common and mandatory local specification creates the need for bilateral coordination between providers to ensure their interoperable reading, validation and processing. This situation increases integration costs, hinders the incorporation of new participants and may limit the efficiency and interoperability of the service. Therefore, it is necessary to establish standards for the use of QR Codes in Payment Services that favor the interoperability and efficiency of the system.

The Board of Directors of the Central Bank, in exercise of its powers, has resolved to replace Circular No. 0003-2020-BCRP with this Regulation, in order to update its scope and establish the technical standard for the use of QR Codes in Payment Services to strengthen the security, efficiency and interoperability of the National Payment System.

BANCO CENTRAL DE RESERVA DEL PERÚ

IT IS RESOLVED:

I. GENERAL PROVISIONS

Article 1. Purpose and scope of the Regulation

1. The purpose of this Regulation is to establish the general and technical guidelines applicable to the use of Quick Response (QR) Codes in Payment Services, as well as to other functionally equivalent mechanisms that are expressly recognized or authorized by the Central Bank.

2. For purposes of this Regulation, Regulated Entities are Payment Service Providers, Payment Infrastructures, including their Administrators and Participants, as well as Technology Service Providers acting as Providers or Directory Managers, which perform the functions of QR Code Generator, QR Code Provider or QR Code Reader.

Article 2. Definitions

The following definitions, regardless of whether the terms are expressed in the singular or plural, complement or reproduce the definitions contained in the regulations issued by the Central Bank:

a) Beneficiary: Natural person or legal entity that is the final recipient of the funds originating from a Funds Transfer Order.

b) Digital Wallet: Mobile application that allows initiating a funds transfer through the Payment Instruments linked to it. In the case of transactions with QR Codes, the Digital Wallet reads the information of the code presented by the Beneficiary so that the Payer instructs the payment.

c) QR Code: Two-dimensional graphic representation of information, readable by electronic means. In the field of Payment Services, the QR Code contains or allows obtaining the data to initiate, validate, process and provide traceability to a payment operation in favor of a Beneficiary.

d) Dynamic QR Code: QR Code generated for a specific payment transaction. It may include the payment amount and other information specific to the transaction.

e) Static QR Code: QR Code associated with a Beneficiary, which may be used in more than one payment transaction. It may include the payment amount and other information associated with the Beneficiary.

f) Immediate Payment Address (DPI): Identifier assigned to a user by a Payment Service Provider enabled in a Payment Infrastructure to provide the payment initiation service, in accordance with the regulations issued by the Central Bank. The DPI consists of a part that identifies the user and another that identifies the responsible Payment Service Provider, which makes it possible to reduce the need to resort to a Directory for the routing of operations, in accordance with the operating rules of the Payment Infrastructure.

g) Directory: Repository or database where the identifiers or Aliases of users associated with other data that allow identifying the Beneficiary's Funds Account are stored.

h) QR Peru Standard: Technical specification applicable to the use of QR Codes in Payment Services, made up of the EMV QRCPS standard and the Technical Note.

i) QR Code Generator: Legal entity that develops technological mechanisms to generate QR Codes intended for the execution of Payment Services, either directly or by allowing other entities access to such mechanisms.

j) QR Code Reader: Payment Service Provider that makes available to the Payer a Digital Wallet, mobile application or other digital channel that allows reading the information contained in a QR Code used in a Payment Service, in order to initiate a Funds Transfer Order or the corresponding payment operation.

k) Technical Note: Document issued by the Central Bank that develops the QR Peru Standard. It specifies the structure, fields, rules and functional criteria that facilitate the generation, reading, interpretation, validation, processing and interoperable routing of QR Codes. It is of a reserved nature.

l) Payer: Natural person or legal entity that instructs a Funds Transfer Order in favor of a Beneficiary.

m) QR Code Provider: Legal entity that maintains a commercial relationship with the Beneficiary and provides them with a QR Code used in a Payment Service. The QR Code Provider may receive the code from a QR Code Generator or perform both functions.

n) QR Token: Alias created by a QR Code Generator and incorporated into a QR Code, which allows associating one or more payment credentials of the Beneficiary within a Directory. The QR Token must not contain personal information of the Beneficiary, data of their Funds Account, mobile phone number, DNI or any other identifier that allows their direct identification.

II. QR CODE STANDARD

Article 3. QR Peru Standard

1. QR Codes used in Payment Services within the scope of the National Payment System must comply with the international standard EMV® QR Code Specification for Payment Systems (EMV QRCPS), in its Merchant-Presented Mode, applicable in this Regulation to QR Codes presented by the Beneficiary, in version 1.1 of November 2020 and its amendments. The Technical Note, established by the Central Bank, specifies the structure, fields and rules applicable to ensure a homogeneous implementation of the aforementioned standard in the local market.

2. The QR Code must be structured under the Tag-Length-Value (TLV) logic. The payload format indicator must be the first data object and the cyclic redundancy check (CRC) code must be the last, in accordance with the Technical Note.

3. QR Codes may be static or dynamic and be associated with natural persons or legal entities, as applicable. The Technical Note establishes how such information is recorded in the QR Code.

4. The information contained in the QR Code must identify a single Beneficiary and include the necessary information to allow its reading and initiate the Funds Transfer Order, in accordance with the applicable payment or processing scheme.

5. When the QR Code incorporates identifiers of Payment Infrastructures, Directories, Aliases, DPI or others, these must be recorded in accordance with the structure and semantics defined in the Technical Note and must not prevent its reading by any QR Code Reader.

6. The identifier ranges detailed as reserved in the Technical Note may not be used by the Regulated Entities and shall be destined for the purposes determined by the Central Bank.

III. USE IN PAYMENT SERVICES

Article 4. Use in Payment Services

4.1. QR Peru Standard in Payment Services

1. The QR Codes regulated by this Regulation constitute a standardized mechanism for the representation, exchange and processing of the necessary information, including the identification of the Beneficiary, for the execution of a Payment Service.

2. The use of QR Codes in Payment Services is carried out through codes generated in accordance with the QR Peru Standard established in article 3, without prejudice to the adaptation regime provided in the Annex to this Regulation.

4.2. Principles applicable to the QR Peru Standard

1. Interoperability: allows the information contained in QR Codes to be read, interpreted, validated, processed and routed by the Regulated Entities, in accordance with the current regulations of the Central Bank.

2. Security: requires the adoption of mechanisms that preserve the integrity, authenticity and protection of the information contained in QR Codes.

3. Technological neutrality: allows the use of QR Codes with different Payment Infrastructures, operating models and processing mechanisms, provided that the provisions of this Regulation and other applicable regulations are complied with.

4. Traceability: allows the identification and tracking of operations associated with the use of QR Codes during their processing, validation and execution.

5. Operational flexibility: allows the use of static or dynamic QR Codes, as well as their application to different Payment Services and use cases.

CENTRAL RESERVE BANK OF PERU

IV. OBLIGATIONS OF REGULATED ENTITIES

Article 5. General

The Regulated Entities, according to the functions they perform, must comply with the following obligations:

1. Ensure that the QR Codes they generate, provide or read comply with the QR Peru Standard, according to the deadlines established in this Regulation and its Annex.

2. Implement measures that guarantee the integrity, accuracy, authenticity and confidentiality of the information contained in the QR Codes and of the operations initiated through them, as well as adequate mechanisms for the prevention, detection and management of fraud and operational and cybersecurity risks associated with the service. To ensure authenticity, cryptographic validations of the QR Code or other Beneficiary verification mechanisms established by the corresponding Payment Infrastructure may be used, in accordance with the QR Peru Standard.

3. Have mechanisms that allow the registration and traceability of operations carried out through QR Codes, including their identification, status and result, for purposes of monitoring, control, handling of inquiries, claims, disputes, reversals or cancellations, where applicable, and supervision by the Central Bank.

4. Ensure that operations initiated through QR Codes are processed, confirmed, settled and notified in accordance with the conditions of the corresponding Payment Service and the applicable processing scheme.

5. Inform the Central Bank with no less than thirty (30) calendar days in advance about the implementation of relevant modifications related to the use of QR Codes that may significantly affect Payment Services in terms of their interoperability, security, availability, operational continuity or proper functioning. Such communication must be made before its implementation in a pilot phase or market launch, whichever occurs first.

Relevant modifications are considered, among others, those involving changes in operating rules, architecture, technical standards, interoperability mechanisms or in the roles and responsibilities of participants.

Corrections of operational or technological incidents, internal tests, technical tests or performance optimizations, among others, are not considered relevant modifications and therefore are not subject to the communication deadline.

Pilot phase is considered the processing of real operations with a limited group of clients through QR Codes, for purposes of validation prior to their deployment to the general public. Internal tests, technical tests, quality environments or activities that do not imply an effective deployment to the market are not considered.

When a relevant modification is made within the framework of a Payment Service subject to prior communication obligations in accordance with the applicable regulations issued by the Central Bank, only one of them will be required for the same fact.

6. Have internal documentation that evidences compliance and includes, at a minimum, the following:

a) Security and risk management measures that guarantee the protection of information and fraud prevention, as well as the continuity, quality and availability of the service.

b) Mechanisms for handling inquiries, complaints, claims and disputes, including support channels for users and service hours.

c) Incident management and operational continuity procedures that allow responding to interruptions, failures or events that affect the service, so that its continuity is guaranteed.

7. Refrain from using codes, links, identifiers or other mechanisms with QR Code format, or similar, that do not comply with the QR Peru Standard.

8. When the QR Code is used in Immediate Payments with Alias, observe the obligations, conditions and provisions set forth in the Regulation of the Immediate Payments Service with Alias, Circular No. 0017-2026-BCRP and its amendments.

Article 6. Obligations applicable to Regulated Entities that perform functions of QR Code Generators

1. Generate QR Codes in accordance with the QR Peru Standard, so that they allow their reading, validation and interoperable processing by the corresponding Regulated Entities.

2. Design QR Codes so that their structure, content and complexity are compatible with their correct reading, processing and interoperability. For this purpose, they must adopt the necessary technical measures to guarantee their efficient operation under reasonable conditions of use.

3. The QR Code Generator that allows other entities to access its technological mechanisms for the generation of QR Codes under its identifier is responsible for ensuring that they comply with this Regulation. When said Generator is an Administrator of a Payment Infrastructure, access can only be given to its Direct or Indirect Participants.

Article 7. Obligations applicable to Regulated Entities that perform functions of QR Code Providers

1. Refrain from establishing commercial, contractual or any other nature restrictions that limit the interoperable use of the QR Codes they provide or that generate discriminatory treatment among Regulated Entities.

2. Adopt the necessary measures to ensure that the distribution, deployment or making available of QR Codes does not affect their correct reading, processing and interoperability.

3. Implement reasonable controls to prevent the substitution, alteration or impersonation of deployed QR Codes.

Article 8. Obligations applicable to Regulated Entities that perform functions of QR Code Readers

1. Ensure that their mobile applications, embedded functionalities or other digital channels comply with the following:

a) Verify the integrity of the data read in accordance with the mechanisms provided in the Technical Note.

b) Read, interpret and validate the QR Codes generated in accordance with the QR Peru Standard, as well as allow their interoperable processing through the Payment Infrastructures and Payment Services for which they are enabled, in accordance with the applicable regulations and rules.

2. Ensure that, before confirmation of the operation, their mobile applications, embedded functionalities or other digital channels show the Payer, faithfully, completely and consistently with the information contained in the QR Code, the relevant transaction information corresponding to the type of code (static or dynamic) and the fields incorporated therein, including the identification of the Beneficiary, the amount, the currency and any other information that corresponds. When the Beneficiary's information is obtained or validated through the services of a Payment Infrastructure, said information must be considered for presentation to the Payer, in accordance with the rules of the applicable service.

3. Enable simple and timely channels for handling inquiries, complaints, claims and requests for transaction review, ensuring that users can track their handling and receive a response within the periods established in the regulations applicable to them regarding complaint handling.

4. In addition to the provisions of numeral 6 of article 5, have internal documentation that includes, at a minimum:

a) The mechanism for showing the Payer the Beneficiary's information to facilitate their identification.

b) The measures adopted for the validation and authentication of the Payer's identity.

c) The limits per transaction, per day or others that are defined.

d) The treatment in the case of transactions not recognized by the Payer or reversals or cancellations of charges.

e) The option to show the Payer the available balance of their Funds Account, provided that such information is available.

f) The mechanism for notifying the Payer of the final status of the transaction, that is, whether it was successful or failed.

Article 9. QR Peru Registry

1. Entities wishing to perform the functions of QR Code Generator, QR Code Provider or QR Code Reader in Payment Services must register in the QR Peru Registry before starting any of such functions, in accordance with the periods provided in this Regulation.

2. The QR Peru Registry is administered by the Central Bank and its purpose is to identify the Regulated Entities and the functions they perform in relation to the use of QR Codes in Payment Services. The QR Peru Registry is informational in nature and does not imply approval, acceptance, certification or authorization by the Central Bank. The list of registered entities and their respective functions will be published and kept updated on the Central Bank's Institutional Portal.

3. New entities wishing to perform the functions indicated in numeral 1 of this article must submit the corresponding information for registration in the QR Peru Registry, at least thirty (30) calendar days in advance of the scheduled start date for these.

4. Only Payment Infrastructure Administrators; Payment Service Providers that are within the regulatory scope of the Superintendency of Banking, Insurance and AFP (SBS); and entities that have registration or authorization granted by the Central Bank as Payment Service Entities, Directory Providers and Directory Managers may register in the QR Peru Registry.

5. For such registration, entities must submit the Registration Form for the QR Peru Registry, available on the Central Bank's Institutional Portal, duly completed, through the channel established in the Eighth Final and Transitory Provision.

6. The Central Bank, after verifying that the required documentation has been received, will incorporate the entity into the QR Peru Registry that it publishes on its Institutional Portal, in accordance with numeral 2 of this article. Likewise, it will make available to the registered entity the Technical Note, which is confidential and subject to the provisions of article 10 of this Regulation.

7. Regulated Entities must keep the information declared in the QR Peru Registry updated. For this purpose, they must submit to the Central Bank the duly updated Registration Form for the QR Peru Registry, through the channel established in the Eighth Final and Transitory Provision, within thirty (30) calendar days following the date on which the modification of the declared information becomes effective.

8. If a registered entity decides to cease performing the functions under the scope of this Regulation, it must inform the Central Bank of the cessation of functions and request its withdrawal from the QR Peru Registry, at least thirty (30) calendar days in advance of the scheduled date for the cessation of functions.

9. For the purposes of this article, the Central Bank may request clarifications and additional information to that submitted by the Regulated Entities, as well as carry out the corresponding verifications.

Article 10. Confidentiality and reservation of information

The Technical Note that the Central Bank makes available to the Regulated Entity is confidential and for exclusive use for the purposes for which it was delivered. The Regulated Entity must adopt the necessary measures to safeguard said confidentiality and refrain from disclosing, reproducing, publishing or transferring it, in whole or in part, to third parties, without prior and express authorization from the Central Bank. This obligation extends to its directors, officers, employees, suppliers and third parties who access the information through it, and remains in force even after the relationship that gave rise to the delivery has ended.

V. INTEROPERABILITY

Article 11. Interoperability

No Regulated Entity may impose technical, operational, commercial or any other nature restrictions that unjustifiably prevent, limit or condition the reading, validation, processing, routing or interoperable execution of transactions with QR Codes to or from another entity.

VI. INFRACTIONS AND SANCTIONS

Article 12. Infractions

The following constitute infractions of this Regulation:

a) Failing to comply with the obligation to register in the QR Peru Registry as provided in this Regulation, once the period provided in the Annex of the Regulation has expired.

b) Operate or allow within a Payment Infrastructure the participation of Regulated Entities that perform the functions of QR Code Generator, QR Code Provider or QR Code Reader in Payment Services without being registered in the Registro QR Perú.

c) Use codes, links, identifiers or other mechanisms in QR Code format, or similar, that do not comply with the application of the Estándar QR Perú, once the coexistence period provided in the Annex has expired.

d) Generate, provide or allow the reading of QR Codes that do not comply with the Estándar QR Perú, once the adaptation period applicable to the respective function in accordance with the Annex of this Regulation has expired.

e) Keep pre-existing active QR Codes deployed that do not comply with the Estándar QR Perú once the coexistence period provided in the Annex has expired.

f) Not update the information declared in the Registro QR Perú or not report the cessation of functions within the periods provided in the Regulation.

Article 13. Sanctions

The infractions referred to in the preceding article may be subject to the following sanctions:

1. For the infractions typified in literals a), b) and c) of article 12 of this Regulation, a fine of 20 UIT shall be applied.

2. For the infractions provided in literal d) of article 12 of this Regulation, a fine of 20 UIT shall be applied for each breach of the adaptation periods established in the Annex that are applicable to the function performed by the Regulated Entity. The coexistence period does not constitute an adaptation milestone for the purposes of this sanction.

3. Once the coexistence period provided in the Annex has ended, for the infractions typified in literals d) and e) of article 12 of this Regulation, the Regulated Entity that continues generating, providing, allowing the reading of or keeping deployed QR Codes that do not comply with the Estándar QR Perú shall be subject to a fine of 5 UIT for each week of non-compliance until the corresponding adaptation. When the non-compliance is less than seven (7) calendar days, it shall be considered a full week. The accumulated amount of the fine may not exceed 120 UIT.

4. For the infractions provided in literal f) of article 12 of this Regulation, a fine of 5 UIT shall be applied.

Article 14. Supervision, administrative sanctioning procedure and application of the mitigating circumstance of responsibility

For the purposes of issuing mandatory instructions and ordering the administrative sanctioning procedure, including the application of the mitigating circumstance of responsibility, the provisions regulated in the Reglamento General del Sistema Nacional de Pagos, Circular N° 0022-2025-BCRP, and the provisions that modify or replace it shall apply.

FINAL AND TRANSITORY PROVISIONS

First. This Circular enters into force on the day following its publication in the official newspaper El Peruano and renders Circular N° 0003-2020-BCRP ineffective, without prejudice to the transitory application of the specifications contained in the latter to pre-existing QR Codes until the end of the coexistence period provided in the Annex.

Second. Entities that, on the date of entry into force of this Regulation, are performing the functions indicated in numeral 1 of article 9, must regularize their situation in the Registro QR Perú by 31 December 2026. For this purpose, they must submit the information indicated in numeral 5 of article 9.

Until that date, the entities may continue performing their functions, without prejudice to compliance with the other obligations provided in this Regulation and its Annex.

BANCO CENTRAL DE RESERVA DEL PERÚ

Third. Regulated Entities must adapt to the Estándar QR Perú within the periods established in the Annex of this Regulation. The Central Bank may modify the deadline dates for compliance with the adaptation periods.

Entities that begin using QR Codes in Payment Services after the entry into force of this Regulation must comply with the conditions and obligations applicable to the functions they perform, within the same adaptation periods provided in the Annex. The later start of activities does not modify said periods nor give rise to individual or additional adaptation periods.

Exceptionally, the Central Bank may grant, on a one-time basis, an extension of up to ninety (90) calendar days with respect to the adaptation period of the QR Code Generation milestone of Perú. For this purpose, the Regulated Entity must submit a duly substantiated request no less than thirty (30) calendar days prior to the expiration of the applicable period, attaching a technical justification and an implementation plan that includes the pending milestones and the dates planned for their compliance.

Fourth. As of the entry into force of this Circular, any reference to the “Registro QR” or to the “Entities registered in the Registro QR” contained in Circular N° 0024-2022-BCRP and its complementary provisions shall be understood as made to the Registro QR Perú regulated by article 9 of this Regulation. Registered entities must comply with the provisions of this Regulation regarding interoperability and other regulations issued by the Central Bank. Likewise, any reference made in the Central Bank's regulations to Circular N° 0003-2020-BCRP shall be understood as made to this Circular, to the extent applicable.

Fifth. When the use of QR Codes occurs within the framework of a Payment Service regulated by the Central Bank, Regulated Entities must comply, in addition to the provisions of this Regulation, with the Reglamento General del Sistema Nacional de Pagos and the regulations applicable to said Payment Service, in all that corresponds.

Sixth. The information submitted to the Central Bank shall have the status of a sworn statement and shall be treated in accordance with the applicable provisions on confidentiality of information.

Seventh. It is up to the Central Bank to interpret this Regulation and determine its scope, and the Regulated Entities must consult before carrying out any action that could conflict with the current rules. Regulated Entities wishing to make inquiries about the content of this Regulation must send them to the Central Bank at the email address Dpto.AnalisisSistPagos@bcrp.gob.pe. For this purpose, they must attach the following information: RUC number, company name, trade name, contact details of the official responsible for the inquiry, and details of the services offered by the entity.

Eighth. For registration in the Registro QR Perú, entities must send the requested information, under the scope of this Regulation, to the Central Bank through the Sistema de Interconexión Bancaria (SIB-FTP WEB).

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The Registration Form for the Registro QR Perú will be published on the Institutional Portal. The Central Bank may modify the submission channel, which it will inform the entities of; as well as establish adaptation deadlines for the delivery of information and the use of SIB-FTP WEB or the channel it determines.

Ninth. The definition of “Billetera Digital” in article 2 of the Reglamento General del Sistema Nacional de Pagos, Circular N° 0022-2025-BCRP, is amended, and is understood to be replaced by the definition provided in article 2 of this Regulation. Any reference to said term in the regulations issued by the Central Bank is understood to be made in accordance with the latter.

Tenth. The Token QR defined in article 2 of this Regulation is approved as an Alias, within the framework of the provisions of article 2 of Circular N° 0017-2026-BCRP.

Paul Castillo Bardález
Gerente General

BANCO CENTRAL DE RESERVA DEL PERÚ

ANNEX

DEADLINES FOR ADAPTATION TO THE QR PERÚ STANDARD

Functional milestone	Compliance deadline	Description
Registration of entities	Until 31 December 2026	Entities that, on the date of entry into force of this Regulation, are performing the functions of QR Code Generator, QR Code Provider or QR Code Reader must regularize their status in the Registro QR Perú by 31 December 2026.
Enabling of QR Code Reading in Peru	Until 30 June 2027	QR Code Readers must be capable of reading, interpreting and validating the QR Codes generated in accordance with the Estándar QR Perú, and allowing their interoperable processing through the Payment Infrastructures and Payment Services for which they are enabled. Such entities must maintain the reading, validation and interoperable processing of pre-existing QR Codes, under the conditions required according to the regulations in force before the entry into force of this Regulation, while these remain in operation in accordance with this Annex.
Generation of QR Codes in Peru	Until 30 June 2027	QR Code Generators must adapt their systems and processes to the Estándar QR Perú. Upon the expiration of said deadline, QR Code Generators and Providers may only generate, provide or offer QR Codes in accordance with said standard.
Coexistence of QR Codes	From 1 July 2027 to 31 March 2028	During this phase, QR Codes generated or provided before the enforceability of the Estándar QR Perú may remain in operation, together with QR Codes that comply with said standard. Regulated Entities must ensure that coexistence does not unjustifiably prevent or restrict the reading and processing of the QR Codes that correspond in accordance with the applicable regime.
QR Perú Regime	As of 1 April 2028	All QR Codes deployed in the market must comply with the Estándar QR Perú, and coexistence with pre-existing QR Codes shall cease. For this purpose, QR Code Providers must have completed the adaptation, updating or withdrawal of the QR Codes they keep in operation.

During the adaptation periods provided for in this Annex, the continuity of activities and the use of QR Codes under the previous regime shall not constitute a breach of this Regulation, provided that the Regulated Entity complies with the milestones, conditions and deadlines corresponding to the function it performs.

Until 31 March 2028, QR Codes generated in accordance with the Estándar QR Perú and those QR Codes pre-existing the entry into force of this Regulation may coexist in the market. The repeal provided for in the First Final and Transitory Provision does not affect the validity, operational continuity or interoperability conditions required for the latter during said period. The Central Bank may request information on progress in adaptation to the Estándar QR Perú.