IBA Group Adds QR Payments to Victoriabank Mobile Payment App
IBA Group implemented integration of the MIA Business instant payment system into the VB24 POS application of Victoriabank, one of Moldova’s leading banks. As a result, business clients can accept both NFC contactless payments and MIA QR payments.
The integration of MIA QR payments expands payment acceptance options for merchants and supports compliance with the requirements of the National Bank of Moldova. Customers can pay by scanning a QR code displayed on the merchant’s smartphone using any banking application. Funds are transferred to the merchant’s account instantly with a low transaction fee.
Built on IBA Group’s tapXphone technology, VB24 POS turns a standard Android device into a full-featured payment terminal. The solution eliminates the need for dedicated POS hardware, enables businesses to start accepting payments quickly, and supports multiple payment methods, including contactless cards and QR codes. VB24 POS also serves as a single payment platform that software cash register providers can use without additional integrations.
Our partnership with Victoriabank began in 2021 and we are pleased to continue enhancing the application with new functionality that makes it even more convenient for businesses. This integration is another step toward a comprehensive payment solution for modern merchants. We adapt our tapXphone solution to meet local regulatory requirements and the needs of our banking partners, helping them offer entrepreneurs flexible and accessible payment acceptance tools.
About Victoriabank
Victoriabank is the third-largest bank in the Republic of Moldova by market share. Established more than 36 years ago, the bank serves over 360,000 active customers through a network of 65 branches across the country. Nearly 700,000 payment cards are currently in circulation.
Victoriabank continues to expand its portfolio of digital services, offering solutions such as the VB24 mobile banking application and innovative payment acceptance products for businesses. The bank also plays an important role in the development of Moldova’s digital payments ecosystem, including the adoption of instant payment solutions such as MIA.