Business news

Lukashenko calls to intensify adoption of digital payment systems

MINSK, 9 September (BelTA) –  At the meeting with the top management of the National Bank and other banks on 9 September, Belarusian President Aleksandr Lukashenko urged to intensify the adoption of digital payment systems.

“It is necessary to accelerate the introduction of advanced digital payment systems. We have made a start with QR codes. An instant payment system should be launched no later than year’s end. This will give our people a faster, simpler way to pay for goods and services,” the president said.

Furthermore, Aleksandr Lukashenko noted that the system will, for the first time, allow Belarusian businesses to do credit transfers in real-time, even on weekends and holidays.

He underscored the significant operational benefits: “This enhances fund turnover, guarantees accessible liquidity, and minimizes cash gaps for organizations. These are substantial advantages.” 

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