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 methods. It operates
24/7/365, i.e. citizens and businesses can make payments easily and
quickly, from any place and at any time they wish – during weekends,
non-working days, at night. The payee receives money in a few seconds
only. The system was launched on 22 October 2018 as one of the first
systems of that kind in the world. It has been functioning smoothly ever
since, recording a constantly rising number of payments.

Source :
Payment System Department