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National Payments System

National Payments System A payments System refers to a system or arrangement that enables payments to be effected between a payer and a beneficiary, or facilitates the circulation of money, and includes any instruments and procedures that relate to the system....

Launch of the Kenya Quick Response Code Standard

Banking Sector

The Central Bank of Kenya announces the issuance and implementation of the Kenya Quick Response Code Standard 2023 (KE-QR Code Standard 2023; or the Standard). The Standard will guide how Payment Service Providers and banks (institutions) that are regulated by the CBK...