The National Bank of Georgia announced that major projects to modernize Georgia’s payment infrastructure are planned to go live in 2026, including an upgrade of the Real-Time Gross Settlement (RTGS) system and the introduction of an Instant Payments System (IPS). In remarks by NBG President Natia Turnava at an international financial technology conference hosted by the central bank, the NBG positioned the payment-system work alongside regulatory-led innovation and broader fintech initiatives. Turnava also pointed to a fintech development strategy developed with the World Bank, and highlighted the need for close cooperation with government agencies and the private sector to support fintech sector growth.
National Bank of Georgia 2025-06-20
National Bank of Georgia plans 2026 launch of RTGS upgrade and new instant payments system
The National Bank of Georgia plans to modernize its payment infrastructure by 2026, including upgrading the Real-Time Gross Settlement system and introducing an Instant Payments System. NBG President Natia Turnava emphasized the alignment of these projects with regulatory-led innovation and broader fintech initiatives, highlighting collaboration with the World Bank and the need for cooperation with government and private sectors.