The Central Bank of the Solomon Islands has announced the start of development work on its Unified QR Code Standard Project, in partnership with the Australian Government, after Phase 2 of the initiative was endorsed. The project aims to create a single national QR code standard so consumers and businesses can make and receive payments through one interoperable format across the market. The measure is intended to support interoperable retail payments infrastructure in Solomon Islands and reduce frictions in day-to-day transactions. Phase 2 will involve co-developing technical standards and business rules with financial sector stakeholders, including banks and other payment providers. The central bank linked the project to broader digital payments adoption and financial inclusion goals. Next steps will focus on technical integration with financial sector participants that are ready, followed by pilot testing to validate functionality and interoperability. A gradual rollout to merchants and consumers is planned, alongside public awareness and education efforts on the system’s use and benefits.