Opendatabot launches a service for easy IBAN payments

QR IBAN reads data from invoices or messages and turns them into a QR code. The code takes you directly to the payment form in your banking app — no need to type in the IBAN, EDRPOU, or other details manually.

Paying by QR code isn’t new, but until recently, each bank or financial institution generated its own format. This made it hard — and sometimes impossible — to pay from another bank. Now, the National Bank of Ukraine has introduced a single standard for such codes, making online payments faster and safer, while Opendatabot’s verification helps eliminate errors when entering payment details.

For example, if you receive a paper invoice or a screenshot in a messenger, you can simply upload it to the service. The system will read the details, verify them in state registers, and generate a QR code for payment. This reduces the risk of mistakes and helps prevent transfers to scammers.

For businesses, the service offers QR code generation for clients and the option to automate the process through an API or CRM integration.

How it works ​

• A business or seller can enter their payment details in the service and get a QR code that the customer scans to go straight to the payment form in their bank app.

• If a customer has a paper invoice or a message with payment details, they can simply upload a photo or screenshot — the service will recognize the data and generate a QR code for payment.

Using a QR code for payments reduces mistakes. While creating the code, the system checks the recipient’s data in official state registers — verifying that the company or entrepreneur exists and that the IBAN is valid. This also helps lower the risk of sending money to scammers.

A key advantage of paying via QR code is that you don’t need to enter your card or bank details. You confirm the payment only in your banking app — the system simply helps you get to that step.

Opendatabot does not store or process your financial information. Before confirming the payment, you see all details — the recipient, amount, and payment purpose. The transaction happens directly between your bank and the recipient’s bank.