BAKU, Azerbaijan, October 5. The
majority of cashless transactions in Kazakhstan were conducted
through internet and mobile banking, as well as POS terminals,
according to data from the National Bank of Kazakhstan analyzed by
Trend.


Internet and mobile banking accounted for 77.3% of
the total number and 89% of the total volume of cashless payments
and money transfers. POS terminals accounted for 22.2% and 10.5%,
respectively.


Cash withdrawals were mainly carried out through
ATMs, which accounted for 98.3% of the total number and 88.8% of
the total volume of cash withdrawal transactions.


As of September 1, 2026, payment card issuance in
Kazakhstan was carried out by 18 banks and Kazpost JSC. These
organizations issue and distribute cards of the international
payment systems VISA International, MasterCard Worldwide and
others, as well as cards of the local Kaspi.kz system.


A total of 84.3 million payment cards were in
circulation as of September 1, 2026. Debit cards accounted for
81.7% of the total, while credit cards made up 15.5%. Debit cards
with a credit limit and prepaid cards accounted for 2.9%.


According to Trend calculations, the average payment amount varies
significantly depending on the transaction channel. About 1 billion
transactions worth 15.9 trillion tenge (about $36.0 billion) were
conducted through internet and mobile banking, putting the average
transaction at approximately 15,850 tenge ($35.9).


Through POS terminals, about 289 million transactions
worth 1.9 trillion tenge ($4.3 billion) were conducted, with the
average transaction amount at approximately 6,500 tenge ($14.7), or
2.4 times lower than through internet and mobile banking.







On average, each payment card was used for about 12
remote transactions per month and only 3.4 POS payments.


At the same time, cash withdrawals amounted to 2.3
trillion tenge (about $5.2 billion), approximately 22% higher than
the turnover through POS terminals, indicating that cash remains a
significant payment instrument in retail transactions.


ATMs accounted for 98.3% of cash withdrawal
transactions, with an average withdrawal of approximately 110,500
tenge ($250).


The remaining 1.7% of transactions, or about 320,000
withdrawals, averaged approximately 806,000 tenge ($1,824), 7.3
times higher than ATM withdrawals. This may reflect
business-related needs and larger one-off expenditures.


Dollar equivalents are calculated at the rate of $1 =
441.88 tenge.