BcardBulgaria's national card scheme, designed in line with European (SEPA Cards) guidance. A typical domestic scheme: “invisible” abroad but present in local acceptance. Check for it in any acquiring integration in Bulgaria.BORICA AD · since 2016
Global registry · Europe · Central and Eastern Europe
Bulgaria Payment systems
5 systems listed.
This country doesn’t have a written market analysis yet: e-commerce shares, regulator, and key players are still to be documented. The systems below, however, are verified.
IBAN · Bulgaria
22 charactersSEPA area24 bank codes132 BIC codes
- Total length
- 22 characters
- Bank code position
- 5–8
- Branch code position
- 9–12
- BBAN structure
4!a4!n2!n8!c
Structurally valid example
BGcountry code80check digitsBNBGbank9661branch1020345678account
BG80 BNBG 9661 1020 3456 78
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Merchant, acquirer, PSPPayment regulationCentral banks and payment infrastructuresAgents, distributors, and banking-as-a-service: who is liable for whatPayments in the BalkansPayments in the Baltics and FinlandAccepting payments in Germany, Austria, and SwitzerlandAccepting payments in Spain and PortugalChoosing a jurisdiction for your payment institutionAccepting payments in the Netherlands and BelgiumAccepting payments in the NordicsAccepting payments in Poland and Central Europe
Card schemes
Instant payments
blinkBulgaria’s instant payment program, including blink P2P (transfers by mobile number) and public-sector use cases (blue and green zone parking, transit passes, donations). Euro instant payments have run on the BISERA system since December 2024, and the lev system BISERA6 shut down on January 1, 2026. BORICA has also deployed a TIPS connectivity module for cross-border interoperability.BORICA AD · since 202238.3 million instant credit transfers in 2025, up 69% in volume, worth €35.3 billion, up 87% in value; the service is offered by 9 banks and payment providers (BORICA, 2026)
Clearing and settlement
BISERA6DiscontinuedClearing system for customer credit transfers in lev, operated by BORICA, which also carried the blink instant payment service. With Bulgaria’s switch to the euro, the Bulgarian National Bank revoked the operator license effective January 1, 2026: customer payments and budget transfers in lev moved to SEPA and to the euro BISERA system.BORICA AD22.635 million instant payments in lev worth BGN 36.920 billion in 2024, up 102.1% by volume and 96.4% by value year over year, or 20.36% of all BGN transfers through BISERA6, in the last full year before the euro (BORICA, 2025)
Wallets
ePay.bgBulgarian e-wallet built around paying bills, taxes, and local fees, plus an e-money account (the “microaccount”), transfers, and a merchant acceptance offering. Unusually long-lived for a service that predates the smartphone, and a common way to pay for public services in Bulgaria.Ипей АД (company registered in Sofia under ЕИК (company ID) 131409398)
Other
EasyPay (Изипей)Bulgarian payment collection network: customers pay utility bills (energy, telecoms, taxes) in cash over the counter, send money transfers, and buy prepaid cards through a dense network of physical locations. It is the brick-and-mortar counterpart of ePay.bg, and one of the channels that explain why cash persists in Bulgarian bill payment.Изипей АД (Bulgarian company active since 2006, part of the same ecosystem as ePay.bg) · since 2006