MIA Instant Payments is an innovative solution, managed by the National Bank of Moldova, for fast and secure transfers between all payment accounts in Moldova. Using MIA, banking customers in Moldova can make transfers instantly, without paying any fee, using only the beneficiary's phone number.
Speed and security: Money arrives in any payment account in just a few seconds. Customer data is always safe and accessible only to the customer.
Convenience and simplicity: No need to enter card or bank account details: Just the beneficiary's phone number.
Extensive coverage: MIA allows instant transfers between accounts and mobile applications of all regulated participating banks and non-banking institutions in the country.
Instant Transfer (P2P): Quick and easy payments: the customers can enter the recipient's phone number and transfer money instantly.
Transfer Request (RTP): Customers can request money transfers from another indicated phone number.
Payment via QR: Customers can make payments quickly and easily, just by scanning the MIA QR code from the BankFlex mobile app.
Transfers between the customer’s own accounts (Me2Me): Move funds between your accounts at different banks in a few simple steps.
Instant Payment options like MIA and UPI, which have a vast user base in India, are increasingly becoming popular among central banks across the globe. These payment methods contribute to the rapid development of a secure, convenient, self-governed and economical payment infrastructure that benefit citizens and financial institutions.
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