The Reserve Bank of Fiji published a media note on QR code payments, outlining the rapid expansion of digital wallets and QR-based transactions and describing work to develop a single, standardised QR code that can be used across all payment apps. The planned approach is intended to reduce the need for merchants to display multiple QR codes and to limit payment failures caused by incompatible codes. Payment service providers (PSPs) offering QR code payments and digital wallet services in Fiji must be licensed under the National Payment System Act 2021 and the 2022 Regulations administered by the Reserve Bank. The note lists five licensed PSPs: Digital Financial Services Pte Limited (M-PAiSA), Digicel (Fiji) Pte Limited (MyCash), Sole Limited (Solé), Abacus Fintech Pte Limited (WeChat) and Dynamic Payment Limited (China UnionPay and WeChat). As of December 2025, 957,816 people were registered e-money users and 722,340 (75.4%) were active; in 2025, PSPs processed 116.4 million wallet transactions valued at $7.3 billion (around $612 million per month), QR payments reached $672.3 million by end-2025, and inward mobile-money remittances totalled $742.3 million, mainly from Australia, the United States, New Zealand, the United Kingdom and Canada.
Reserve Bank of Fiji 2026-04-15
Reserve Bank of Fiji reports rapid growth in QR code payments and works on a single standardised QR code
The Reserve Bank of Fiji plans a single, standardised QR code for all payment apps to streamline QR payments and reduce failures. It confirmed that QR payment and digital wallet providers must be licensed under the National Payment System Act 2021 and 2022 Regulations, and reported that as of December 2025 there were 957,816 registered e-money users, with 2025 wallet transactions totalling 116.4 million valued at FJD 7.3 billion, QR payments reaching FJD 672.3 million, and inward mobile-money remittances FJD 742.3 million.