O!Business – profitable QR payments for IEs in compliance with the requirements of the KR STS

Starting from January 1, 2026, new requirements of the State Tax Service of the Kyrgyz Republic come into force, according to which individual entrepreneurs may accept payments only to legal entity accounts. Accepting payments to a personal account is subject to a fine of 65,000 KGS.

O!Bank offers a simple and lawful solution for businesses – accepting QR payments via the O!Business app, fully compliant with tax authority requirements.

Service benefits:

• QR code generation directly in the O!Business app;
• fee-free payments from clients of any bank;
• instant crediting of funds to the current account;
• full compliance with the requirements of the KR STS.

How to accept QR payments:

1. Download or update the O!Business app in the App Store or Google Play.
2. Complete a simple online identification.
3. Go to Payments → My QR.
4. Show the QR code to the customer for payment – funds are credited instantly.

Connect by January 31, 2026, and accept payments fee-free for 3 months.

In addition, O!Bank offers entrepreneurs free POS terminals with cash register feature for accepting card and QR payments – fast, convenient, and fully compliant with legal requirements.

For more details and to submit a request, please call 0705 000 303 or contact us via Whatsapp or Telegram.

Accept payments with O!Bank – make payments convenient and official.