# Venezuela, Bolivarian Republic of — payment codes and schemes

> Source: https://docs.barcoder.ai/docs/payments/VE
> extracted at 2026-10-06
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

## Summary

- **Pago Móvil BDV** QR payments
- **C2P** interbank system
- **90K+ merchants** affiliated
- **24/7 availability** instant
- **Sanctions context** local solutions

## Banking landscape

### Central Bank
- **Name:** Banco Central de Venezuela (BCV)
- **Website:** https://www.bcv.org.ve/
- **Role:** Monetary policy, payment oversight

### Major Banks (2024)

| Rank | Bank Name | Type | Digital Platform |
|------|-----------|------|------------------|
| 1 | Banco de Venezuela | State | BDVApp |
| 2 | Banesco | Private | Banesco App |
| 3 | Mercantil | Private | Mercantil App |
| 4 | Provincial | Private | Provincial App |
| 5 | Bicentenario | State | Bicent App |

### Market Structure
- **State banks:** Large presence
- **Pago Móvil:** Primary system
- **C2P:** Interbank
- **Sanctions:** Shape landscape

---

## Payment infrastructure

### National Payment Systems

| System | Operator | Type | Status |
|--------|----------|------|--------|
| Pago Móvil | Banks | Mobile payment | Active |
| C2P | Interbank | QR/SMS | Active |
| BDV QR | Banco de Venezuela | QR Code | Active |
| Card networks | Local | Cards | Active |

### Pago Móvil System
- Inter-bank mobile transfers
- Phone number based
- QR code enabled
- Instant settlement
- 24/7 availability

### C2P (Commerce to Person)
- Interbank enabled
- SMS or QR collection
- Immediate receipt
- Business focused
- PuntoYaBDV integration

---

## QR code standards

### PagomóvilBDV QR

| Attribute | Value |
|-----------|-------|
| **Provider** | Banco de Venezuela |
| **Merchants** | 90K+ affiliated |
| **Method** | Scan or paste |
| **Availability** | 24/7 |

### QR Payment Flow
- Customer scans QR in BDVApp
- Business data displayed
- Enter payment amount
- Confirm transaction
- Instant settlement

### C2P QR

| Attribute | Value |
|-----------|-------|
| **System** | Interbank |
| **Method** | QR + SMS |
| **Platform** | PuntoYaBDV |
| **Recipients** | BDV clients |

---

## Mobile payment apps

| App | Provider | QR | Features |
|-----|----------|-------|----------|
| BDVApp | Banco de Venezuela | Yes | Full banking |
| Banesco App | Banesco | Yes | Banking |
| Mercantil App | Mercantil | Yes | Banking |
| Provincial App | Provincial | Yes | Banking |

### BDV QR Features
- Scan QR code
- Paste data option
- Amount entry
- Instant confirmation
- 24/7 operation

### Merchant Registration
- Access BDVenlínea empresas
- Select PagomóvilBDV comercio
- Authorize phone numbers
- Download QR code
- Display at establishment

---

## Schemes

| Scheme | Type | Symbology | Adoption | Technical standard |
|---|---|---|---|---|
| [PagomóvilBDV QR](https://docs.barcoder.ai/docs/payments/VE/pagom-vilbdv-qr) | Bank QR | BDV | 90K+ merchants | — |
| [C2P](https://docs.barcoder.ai/docs/payments/VE/c2p) | Interbank | SMS/QR | Active | — |
| [Pago Móvil](https://docs.barcoder.ai/docs/payments/VE/pago-m-vil) | Mobile | All banks | National | — |

## Sources

- [Banco de Venezuela - PagomóvilBDV](https://www.bancodevenezuela.com/index.html@p=25681.html)
- [VTV - Digital Economy](https://www.vtv.gob.ve/pago-movil-bdv-con-qr-impulsa-la-economia-digital/)
- [El Estímulo - QR Tutorial](https://elestimulo.com/elinteres/banca/2024-09-03/banco-de-venezuela-como-utilizar-pago-movil-con-qr-en-comercios/)
- [NORBr - Venezuela Payments](https://web.archive.org/web/20250125224536/https://norbr.com/library/payworldtour/payment-methods-in-venezuela/)

## Full country report

[VE-venezuela.md](https://docs.barcoder.ai/docs/payments/VE)