The Central Bank of the Solomon Islands (CBSI), working with Australia, has started nationwide consultations to develop a unified Quick Response (QR) code payment standard for Solomon Islands aimed at improving interoperability across digital payment providers and broadening access to electronic payments. The proposed standard follows recommendations from the National Financial Inclusion Taskforce’s Digital Finance Working Group, supports the National Financial Inclusion Strategy 3 (2021–2025), and aligns with CBSI’s mandate under the Payment Systems Act 2022. The unified QR code is intended to support government payments, person-to-person transfers and merchant payments, while enabling interoperability across banks, mobile and e-money providers and other financial service providers so customers can pay merchants across different QR platforms without holding multiple accounts. CBSI is in an assessment phase to evaluate the technical feasibility and market usability of the unified QR code standard, with the findings to inform next steps and potential implementation.
Central Bank of the Solomon Islands 2026-04-08
Central Bank of the Solomon Islands launches nationwide consultations with Australia on a unified QR code payment standard
The Central Bank of the Solomon Islands, in collaboration with Australia, has launched nationwide consultations on a unified QR code payment standard to improve interoperability and expand access to electronic payments. Supporting the National Financial Inclusion Strategy 3 and the Payment Systems Act 2022, the initiative aims to enable interoperable government, person-to-person and merchant payments across banks, mobile and e-money providers. The central bank is assessing the technical feasibility and market usability of the standard to inform potential implementation.