On July 24, the Central Bank of Paraguay (BCP) approved, through resolution No. 12, the “Regulation of the QR Generation Standard for Electronic Payments in Paraguay”. This regulation establishes the requirements for the generation and use of QR codes in electronic payments within the country.

Key aspects of the new regulation

• Types of QR codes

QR Code: A two-dimensional quick response barcode containing information necessary for payment services, which can be scanned, processed and transmitted securely by a device.

Dynamic QR Code : Code presented by the merchant that includes your data to complete the payment and the amount to be paid.

Static QR Code : Code presented by the merchant that includes your details to complete the payment, but not the amount to be paid.

EMV® QRCPS : QR codes developed according to Europay, Mastercard and Visa Common QR standards and guidelines.

Standardization requirements

Dynamic and static QR codes must be based on EMV® QRCPS standards.

QR code generation must follow the guidelines of the PY-QR Code Implementation Guide.

QR codes must include the PY-QR logo.

Requirements for payment service providers (PSPs)

PSPs that use electronic payments with QR code must register with the BCP, in accordance with the instructions and requirements established by the Sub-General Management of Financial Operations (SGGOF). The deadline to comply with these requirements and complete the corresponding registration is June 30, 2025.

The SGGOF will issue the PY-QR code implementation guide, which will cover all transactions related to the generation of QR codes for electronic payments in the country.

For more information
For additional questions or more details on how this Regulation may affect your business, you can contact consultas@ferrere.com.