TASHKENT, Uzbekistan, January 23. Uzbekistan's
Ipak Yuli Bank has launched a Unified QR code for businesses,
Trend reports via the
bank.
According to the bank, the new solution allows merchants to
accept cashless payments using a single QR code through
applications of various banks and payment services, streamlining
payment acceptance across platforms.
Under the system’s terms, the commission rate is set at 0.25%,
while funds are credited to merchants’ accounts within one business
day. The Unified QR code supports payments via Uzcard, Humo, and
Visa.
As of July 1, 2026, the Unified QR code will become mandatory
for businesses in Uzbekistan as part of the transition to a
standardized cashless payment infrastructure.
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