This enables entrepreneurs to accept cashless payments not only via NFC, but also via MIA QR codes, with MIA serving as Moldova’s national instant payments system.
The introduction of MIA QR payments allows businesses to expand their payment acceptance options while complying with the requirements of the National Bank of Moldova. Customers can pay for their purchases by scanning a QR code displayed on the merchant’s smartphone screen using any banking application, with funds credited instantly to the business account and with low fees.
VB24 POS, powered by SoftPOS by IBA Group, turns an ordinary mobile device into a full-fledged payment terminal. For businesses, this means no need to invest in traditional POS hardware, a quick start with accepting payments, and flexibility in choosing payment methods — from contactless card payments to QR code payments. As a result, VB24 POS becomes a single platform that can be used to accept payments not only by merchants but also by software cash register providers, without additional integrations.
VP of Fintech Services at IBA Group
Our cooperation with Victoriabank has been ongoing since 2021, and we are pleased to continue enhancing the application, making it even more functional and convenient for businesses. This integration is another step towards building a comprehensive payment solution for modern companies. We adapt our SoftPOS solution to local regulatory requirements and the needs of our bank clients, helping them offer entrepreneurs flexible and affordable tools for accepting payments.”
About Victoriabank
Victoriabank is the third largest bank in the Republic of Moldova by market share, with a history of more than 36 years. The bank serves over 360,000 active clients through a network of 65 branches across the country, and nearly 700,000 bank cards are in circulation. Victoriabank is actively developing its digital services, offering customers modern solutions such as the VB24 mobile banking app and innovative payment acceptance products tailored to entrepreneurs. The bank makes a significant contribution to the development of the digital payments ecosystem in the Republic of Moldova, including through the implementation of instant payment solutions such as MIA.
