In a guest lecture at the University of Pristina, Central Bank of the Republic of Kosovo Deputy Governor for Banking Operations Dardan Fusha reviewed preparations for European payment integration and the TIPS Clone instant payment system. Inclusion in the geographic scope of the Single Euro Payments Area (SEPA) and payment service providers’ operational readiness are linked but separate steps. Kosovo has already submitted its application for inclusion, which remains subject to European assessment before any approval and subsequent procedures for institutions to participate in SEPA payment schemes.

TIPS Clone is being prepared for launch and is designed to process payments within seconds, 24 hours a day throughout the year. Key operational considerations include liquidity management, cybersecurity, fraud prevention and operational resilience. Planned additional services include QR code payments, alternative identifiers, payment requests and payee verification. Their benefits depend on proper integration, public trust and practical use cases.

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