Encyclopedia
Universal Payment Code
A universal payment code — information in graphical or other form, generated in accordance with the rules of the service provider for providing a universal payment code, allowing its reading using software installed on the payer's technical device, and obtaining in electronic form after reading such information the transfer details or a link to the transfer details, for issuing an instruction for transferring funds, including digital rubles, to the recipient of the funds for payment of goods (works, services)1.
Federal Law No. 161-FZ dated June 27, 2011 "On the National Payment System", as amended on September 1, 2026, Article 3, paragraph 42 // Official Gazette of the Russian Federation. 2011. No. 27. P. 3872. ↩