Why is this important
The introduction of a single QR code for accepting payments simplifies and unifies the process of cashless payments for businesses and the population. Such a measure increases the transparency of trade and service operations, which is directly related to the reduction of shadow turnover. The mandatory use of a single instrument also reduces technical barriers to accepting electronic payments.
What happened
- In Uzbekistan, it is planned to introduce a single QR code for accepting electronic payments for all legal entities engaged in trade, based on a government decree.
- The corresponding unified QR code is planned to be implemented by the end of 2025.
QR code
- From July 1, 2026, acceptance of payments through the unified QR code system will become mandatory for all legal entities in the field of trade and services.
- The absence of a single QR code will be considered a violation of trade rules.
Context
- The introduction of a single QR code is part of the policy to unify payment infrastructure and increase the transparency of financial transactions.
- For businesses, this means the need for technical preparation for accepting payments through a single QR code and adapting cash register systems.
- For consumers — expanding the possibilities of paying for goods and services electronically, regardless of the specific bank.