BAKU, Azerbaijan, September 11. Kazakhstan’s
Interbank Mobile Payment System has processed 20 million
transactions worth around 400 billion tenge (about $887 million)
since its nationwide launch, Chairman of the National Bank Timur
Suleimenov said.
This was announced by the press service of the National Bank.
Suleimenov made the remarks during the third annual Central Asia
Fintech Summit 2026 (CAFS) in Almaty.
In his speech, he noted that this year the National Payment
Corporation of the National Bank is celebrating its 30th
anniversary. Over the past 30 years, Kazakhstan has developed a
comprehensive payment infrastructure. Today, more than 90 % of
retail payments are made in cashless form.
He said that since late 2024, the National Bank has been
implementing the Strategy for the Digital Transformation of
Financial Regulators, aimed not only at digitizing internal
processes but also at developing the financial market and
introducing new technological solutions. Today, Kazakhstan’s
national digital financial infrastructure includes the digital
tenge, the Anti-Fraud Center, interbank payment services, biometric
identification and other solutions.
The official nationwide launch date of the Interbank Mobile
Payment System was July 19, 2026
The official nationwide launch of the Interbank Mobile Payment
System took place on July 19, 2026. Since then, customers of
participating banks have been able to instantly transfer money to
customers of other banks using a phone number, as well as pay for
goods and services using a QR code regardless of which bank serves
the buyer or seller. Transfers and payments are processed around
the clock in real time.
The Interbank Mobile Payment System also allows businesses to
accept cashless payments from customers of all participating banks
using a single QR code. No new equipment is required to accept
payments, as the services are available through existing terminals.
Customers should contact their servicing bank regarding updates to
mobile applications.
