Natia Turnava, President of the National Bank of Georgia (NBG), announced at a recent international fintech conference that major projects aimed at upgrading the country’s payment infrastructure will become available in 2026.
“We are actively working on the modernization of the real-time gross settlement (RTGS) system and the implementation of the instant payment system (IPS), which will be available in 2026,” Turnava said.
The National Bank began developing these systems several years ago, recognizing the advantages of instant payment solutions, which generally offer lower service costs compared to traditional card-based systems. To date, over 120 countries worldwide have successfully adopted such payment platforms.
Turnava emphasized that alongside infrastructure upgrades, the National Bank has established a transparent, flexible, and fintech-friendly regulatory framework to support innovation and diversify financial services in Georgia.
She also highlighted the recently prepared FinTech Development Strategy, developed in partnership with the World Bank, as a key roadmap for fostering Georgia’s fintech ecosystem.
“The goal of the FinTech Strategy is to set a long-term vision for financial technologies in Georgia. The involvement of state agencies and the private sector is crucial. I hope today’s conference will contribute to a unified vision and further development of the fintech ecosystem,” Turnava said.
The international conference served as a platform to raise awareness about the FinTech Development Strategy and deepen collaboration between public institutions and private companies in both strategic development and practical implementation.
With these initiatives, Georgia aims to strengthen its competitiveness in the region and on the global fintech stage.
