Central Bank of the Republic of Kosovo Deputy Governor Dardan Fusha outlined priorities for bringing instant payments into operation and developing additional services during a regional payments conference in Tirana. He described the TIPS Clone instant payment system and Kosovo’s prospective participation in the Single Euro Payments Area (SEPA) as complementary initiatives aimed at making payments faster, safer and more affordable for consumers and businesses. The remarks come as Kosovo completes final preparations to submit its SEPA application to the European Payments Council. Priorities include gradually introducing payments using phone numbers or other identifiers, QR codes, Request to Pay and advance verification of beneficiaries. Fusha emphasized harmonized regional standards and rules as the basis for interoperability and the future development of payments across borders. He also called for a proportionate regulatory framework and inclusive governance that enable fair competition between banks and other payment service providers while maintaining safety and consumer protection.
Central Bank of the Republic of Kosovo outlines instant payment rollout and interoperability priorities
Central Bank of the Republic of Kosovo Deputy Governor Dardan Fusha discussed instant payment rollout and Single Euro Payments Area (SEPA) integration at a regional conference in Tirana. Priorities include payments using phone identifiers or QR codes, Request to Pay and beneficiary verification. He also emphasized regional interoperability and fair competition between banks and other payment providers as Kosovo finalizes its SEPA application.