Buyer's guide · 2026
Best Payment Methods in Georgia
Georgia is dominated by the two big banks and their wallets. Compare the leading ways to pay and transfer in Georgian lari.
Compare payment methods in Georgia
| Method | Type | Region | Instant | Currencies |
|---|---|---|---|---|
| TBC Pay | Mobile wallet | Georgia | Yes | GEL, USD, EUR |
| Bank of Georgia Pay | Mobile wallet | Georgia | Yes | GEL, USD, EUR, GBP |
| Space Bank | Bank transfer | Georgia | Yes | GEL, USD, EUR |
1. TBC Pay
2M+ active usersTBC Pay is Georgia's leading mobile payment wallet, operated by TBC Bank — the largest bank in Georgia by assets. TBC Pay offers instant P2P transfers, bill payments, merchant QR payments, and is deeply integrated with TBC Bank current accounts. Used by over 2 million active users.
- ✓Instant P2P transfers between TBC accounts
- ✓Utility and mobile bill payments
- ✓Merchant QR code payments
- ✓Integration with TBC Bank current and savings accounts
2. Bank of Georgia Pay
1.5M+ active usersBank of Georgia Pay (BOG Pay) is the digital payment app of Bank of Georgia (BOG), one of the two largest banks in Georgia. BOG Pay supports instant transfers, bill payments, and merchant payments. It is the second-most-used mobile wallet in Georgia after TBC Pay, with roughly 1.5 million active users.
- ✓Instant BOG-to-BOG transfers
- ✓Cross-bank transfers via Georgian interbank system
- ✓Utility and service bill payments
- ✓Merchant QR and contactless payments
3. Space Bank
800K+ usersSpace Bank is Georgia's first fully digital bank, founded in 2020. It operates entirely through the Space app with no physical branches. Space Bank targets younger, tech-forward Georgians with zero-fee accounts, instant transfers, and competitive FX rates. It has grown rapidly to approximately 800,000 users.
- ✓No-fee current account — no minimum balance
- ✓Instant transfers to any Georgian bank
- ✓Competitive FX conversion (GEL/USD/EUR)
- ✓Virtual and physical Visa card
Frequently asked questions
What are the main payment methods in Georgia?
The leading options are TBC Pay, Bank of Georgia Pay, Space Bank. Each differs in coverage, supported currencies, and transfer speed.
What is TBC Pay?
TBC Pay is the digital wallet and payment app of TBC Bank, Georgia's largest bank. It allows instant P2P transfers, bill payments, and merchant QR payments in Georgian Lari (GEL) and foreign currencies.
What is BOG Pay?
BOG Pay is Bank of Georgia's digital payment platform. It supports instant transfers between BOG accounts, cross-bank transfers, bill payments, and QR merchant payments in GEL and foreign currencies.
What is Space Bank?
Space Bank is Georgia's first fully digital (branchless) bank launched in 2020. It offers zero-fee accounts, instant transfers, and competitive FX via the Space app.
One wallet for all of these
GeraCash is launching multi-currency transfers across these rails at the mid-market rate. Join the waitlist for early access.
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