Tashkent, Uzbekistan (UzDaily.com) -- On 12 August 2022, within the framework of industry media schools, the Central Bank of the Republic of Uzbekistan organized a media conversation with media representatives and bloggers on the topic "A new system in the provision of financial services - advantages and opportunities".

The event provided information about the essence of the new regime - "regulatory sandbox", as well as innovations in the activities of payment systems.

The regulatory sandbox is being created in order to increase competition in the financial market, expand the types of services provided and facilitate their implementation, taking into account the stability of the financial system and consumer protection, as well as improving the legal framework.

It is known that in accordance with the resolution of the President of the Republic of Uzbekistan "On additional measures to develop the service sector", as well as in accordance with the resolution of the President of the Republic of Uzbekistan "On the Development Strategy of New Uzbekistan for 2022-2026", the "Strategy for the development of modern financial services and cashless payments" was developed.

According to the Central Bank National Deposit Database, as of 1 June 2022, 66.4 percent of adults have bank accounts.

The analyzes show that in our country, quick payments using a QR code for delivered goods and services without the direct use of a bank card and payment terminal using mobile applications are becoming popular. In 2021, the number of QR codes provided to business entities by the QR-online information system increased by almost 1.5 times compared to 2020 and reached 92,000.

The participants of the event received detailed answers from experts to their questions and expressed their suggestions and opinions on the topic.