Payments/GE
Georgia
ISO GE · 3 schemes
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 | Platform | Proprietary | 20K+ merchants | keepz-qr |
| National IPS | Instant | NBG | H2 2026 | — |
| BOG QR | ATM | Bank | Active | — |
Sources
- NBG - Instant Payment System Project
- NBG - IPS Procurement
- Google Play - Bank of Georgia App
- PRNewswire - AEON Georgia Crypto
- App Store - Bank of Georgia
- Credo Bank - Keepz QR Terminal
- Payment Providers - Georgia 2025
- Lightspark - Georgia Instant Payments
- Georgia Banking Company - Zelle
- Georgia Banking Company - Instant Payments
Full country report
Schemes
Standards
Primary · 1
Mentioned · 1