IPS - Instant Payments Serbia

Money transfer at any time of day, every day of the year, within seconds.


It can be used when paying at brick-and-mortar points of sale and for online purchases, and even when paying utility bills or paper payment orders. The only payment manner that makes the money instantly available to the payee.

IPS payment at the point of sale

Show and pay

payment by IPS QR code

The IPS SHOW option is in your m-banking app. 


You need to launch the IPS SHOW option from the m-banking app’s home page and generate the IPS QR code, which you then need to show to the merchant. 


The merchant will scan the code and the payment will automatically be made.

Select IPS
SHOW in the m-banking
app
Generate the code with
your PIN or
fingerprint
Show the code
to the merchant
Payment
complete

IPS payment at the point of sale

Scan and pay

payment by IPS QR code

The IPS SCAN option is in your m-banking app.


You need to launch the IPS SCAN option from the m-banking app’s home page and scan the IPS QR code which the merchant has previously generated on its device.


Confirm the transaction after scanning the code and the payment will automatically be made.

Select IPS SCAN
in the m-banking
app
Scan the merchant’s
IPS QR code
Confirm with your PIN
or fingerprint
Payment
complete

IPS payment online

payment by IPS QR code

1

Select IPS SCAN in the m-banking app

2

Scan the merchant’s IPS QR code

3

Confirm with your PIN or fingerprint

4

Payment
complete

On the web page where the purchase is being made, select IPS SCAN as the manner of payment. Once the generated IPS QR code is shown on the web page, select the IPS SCAN option in your m-banking app and scan the shown IPS QR code.


When making an IPS payment online, we especially emphasize that, as a payer, you do not leave any information about your payment instrument online; rather, by scanning the merchant’s IPS QR code, you download the data necessary for making the payment.


Soon, IPS online payments will be enabled with just one click on the mobile phone.

NBS IPS QR code for paying utility bills

payment by the NBS IPS QR code

1

Select IPS SCAN
in the m-banking
app

2

Scan the
NBS IPS QR code

3

The payment order is automatically filled in, but you can still make changes to it. Confirm with your PIN or fingerprint

4

Payment
complete

By using the NBS IPS QR code, you can pay your bills (for utility and other services) within seconds.


Look for the NBS IPS QR code on the bill, scan it using your m-banking app and pay the bill.


This is an efficient and reliable method that does not require you to retype the data, or to use templates in e-banking and m-banking apps.

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MERCHANTS How to enable IPS?

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NBS IPS QR code Generator / Validator / API

IPS – electronic and mobile banking

Payment without the IPS QR code

1

Fill in the order and select IPS payment – “Urgent”

2

The money will be transferred to the payee instantly

If you want to make an instant payment via electronic or mobile banking, you need to select the option for the emergency (instant) order.


If there is no such option, it means that your bank performs all orders as instant payments via the NBS IPS system.

News

05/17/2023

New record number and value of payments in NBS IPS system
On 15 May 2023, the NBS IPS system processed 360,741 payments, which is a new record high since the start of its operation. The NBS IPS system enables one of the world’s state-of-the-art payment metho...

05/04/2023

NBS IPS system in April 2023
The NBS IPS system, which operates 24/7/365, processed 5,114,792 payments during 30 days of April.The average daily number of payments was 170,493, with the average time of transaction execution of 1....

04/05/2023

NBS IPS system in March
The NBS IPS system, operating in the 24/7/365 regime, executed 5,406,034 transactions in March 2023.The average daily number of transactions was 174,388, with the average execution time of 1.1 seconds...

03/20/2023

IPS Payments at Belgrade newsstands
The NBS informs the public that we are seeing the first instant payments at newsstands, meaning that at some newsstands buyers can make cashless payments for goods or services by using solely their mo...

03/03/2023

NBS IPS system in February
The NBS IPS system, which operates 24/7/365, processed 5,024,053 payments during 28 days of February.The average daily number of payments was 179,430, with the average time of transaction execution of...

02/17/2023

New record number and value of payments in NBS IPS system
On 14 February 2023, 311,916 payments were processed in the NBS IPS system, which is a new record high since the system inception.The NBS IPS system enables one of the world’s state-of-the-art payment...

02/03/2023

NBS IPS system in January
The NBS IPS system, which operates 24/7/365, processed 4,617,857 payments during 31 days of January.The average daily number of payments was 148,963, with the average time of transaction execution of ...

01/24/2023

Instant payments of taxi services in Niš
City Taxi Niš and Eurobank Direktna a.d. Beograd have enabled the acceptance of instant payments via a merchant’s android mobile app in all vehicles of this taxi company, which means that all City Tax...

01/10/2023

AIK BANKA a.d. Beograd enables instant payments via Transfer service
Based on the approval of the National Bank of Serbia, AIK banka a.d. Beograd enabled a new service to its payment service users (consumers) – the "Transfer" service, a simple and instant money transfe...

IPS Payments / Statistics

The number of transactions executed since
the launch of the NBS IPS system