# Georgia — payment codes and schemes

> Source: https://docs.barcoder.ai/docs/payments/GE
> extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

## Summary

- **National Instant Payment System** launching H2 2026
- **Keepz QR** leading platform (20,000+ merchants)
- **NBG + World Bank** partnership for IPS development
- **PSD2 alignment** regulatory framework
- **Bank of Georgia** largest with QR ATM withdrawals

## Banking landscape

### Central Bank
- **Name:** National Bank of Georgia (NBG)
- **Website:** https://nbg.gov.ge/
- **Role:** Monetary policy, IPS development

### Major Banks (2024)

| Rank | Bank Name | Type | Digital Platform |
|------|-----------|------|------------------|
| 1 | Bank of Georgia | Private | BOG App |
| 2 | TBC Bank | Private | TBC Mobile |
| 3 | Liberty Bank | Private | Liberty App |
| 4 | Credo Bank | Private | Credo App |
| 5 | ProCredit Bank | Private | ProCredit Mobile |

### Market Structure
- **Bank of Georgia:** Market leader
- **TBC Bank:** Digital innovation leader
- **Keepz:** First open banking license
- **NBG:** IPS development lead

---

## Payment infrastructure

### National Payment Systems

| System | Operator | Type | Status |
|--------|----------|------|--------|
| National IPS | NBG | Instant payment | H2 2026 |
| Keepz QR | Keepz | QR Platform | Active |
| Bank Apps | Various | Mobile banking | Active |

### National Instant Payment System
- **Launch:** Second half of 2026
- **Partners:** NBG + World Bank
- **Features:** Instant GEL transactions
- **Availability:** 24/7

### IPS Channels (Planned)
- Branches
- Internet banking
- Mobile applications
- QR code payments

---

## QR code standards

### Keepz QR

| Attribute | Value |
|-----------|-------|
| **Operator** | Keepz |
| **Merchants** | 20,000+ |
| **License** | First open banking |
| **Features** | Multi-wallet support |

### Keepz QR Features
- No app required for payment
- Scan with phone camera
- Apple Pay/Google Pay support
- Cryptocurrency payments
- Mobile banking integration

### Payment Methods via Keepz
- Camera scan (no app)
- Apple Pay
- Google Pay
- Cryptocurrency
- Mobile banking apps

### Bank of Georgia QR
- QR ATM withdrawals
- Mobile app QR scanning
- Secure withdrawals via phone
- No card needed

---

## Mobile payment apps

| App | Provider | QR | Features |
|-----|----------|-------|----------|
| Bank of Georgia | BOG | Yes | Full banking, QR ATM |
| TBC Mobile | TBC Bank | Yes | Banking |
| Keepz | Keepz | Yes | QR platform |
| AEON | AEON | Yes | Crypto QR |

### Bank of Georgia App Features
- QR Withdrawals from ATMs
- Mobile banking
- Instant transfers
- Bill payments

### AEON Crypto Payments (2025)
- QR-based crypto payments
- Local merchant acceptance
- Settlement in GEL
- Recent expansion

---

## Schemes

| Scheme | Type | Symbology | Adoption | Technical standard |
|---|---|---|---|---|
| [Keepz QR](https://docs.barcoder.ai/docs/payments/GE/keepz-qr) | Platform | Proprietary | 20K+ merchants | [`keepz-qr`](https://docs.barcoder.ai/docs/standards/keepz-qr) |
| [National IPS](https://docs.barcoder.ai/docs/payments/GE/national-ips) | Instant | NBG | H2 2026 | — |
| [BOG QR](https://docs.barcoder.ai/docs/payments/GE/bog-qr) | ATM | Bank | Active | — |

## Sources

- [NBG - Instant Payment System Project](https://nbg.gov.ge/en/page/project)
- [NBG - IPS Procurement](https://nbg.gov.ge/en/media/news/nbg-announces-bidding-for-procurement-of-instant-payment-system)
- [Google Play - Bank of Georgia App](https://play.google.com/store/apps/details?id=ge.bog.mobilebank&hl=en_US)
- [PRNewswire - AEON Georgia Crypto](https://www.prnewswire.com/news-releases/aeon-expands-to-georgia-with-local-qr-based-crypto-payments-302587456.html)
- [App Store - Bank of Georgia](https://apps.apple.com/us/app/bank-of-georgia/id1159368231)
- [Credo Bank - Keepz QR Terminal](https://credobank.ge/en/services/keepz-qr-terminal)
- [Payment Providers - Georgia 2025](https://paymentproviders.io/georgian-payment-providers)
- [Lightspark - Georgia Instant Payments](https://www.lightspark.com/knowledge/georgia-instant-payments)
- [Georgia Banking Company - Zelle](https://georgiabanking.com/zelle)
- [Georgia Banking Company - Instant Payments](https://georgiabanking.com/georgiagrownblog/instant-payments)

## Full country report

[GE-georgia.md](https://docs.barcoder.ai/docs/payments/GE)