Governance Framework for the e-QR Standard Announced

Open and Transparent Governance

The governance of the e-QR Payment Standard is designed to be open, transparent, and inclusive. As a registered non-profit association (MTÜ) in Estonia, we operate under a clear set of rules that ensure all stakeholders have a voice in the development of the standard.

Key Governance Principles

Our governance framework is built on four pillars:

• Openness — All specification documents are freely available
• Consensus — Major changes require broad stakeholder agreement
• Neutrality — No single entity controls the standard
• Accountability — Regular public reporting on decisions and activities

Advisory Board

The Advisory Board consists of representatives from banks, fintech companies, merchants, and consumer organizations. The board meets quarterly to review proposed changes and provide strategic guidance.

Change Management

Any proposed change to the standard follows a structured process: proposal submission, public comment period, advisory board review, and formal adoption. This ensures stability while allowing the standard to evolve.