TASHKENT, Uzbekistan, December 12. Uzbekistan’s
national payment system, UZCARD, has announced an expansion of
payment options available through the Tez QR service, Trend reports via UZCARD.
According to information, users can now choose the payment
source when making QR-based payments, including UZCARD and HUMO
cards, international payment cards (Visa, Mastercard, UnionPay),
installment cards, as well as bank accounts and electronic
wallets.
UZCARD noted that the Tez QR service is currently active at more
than 80,000 retail outlets across the country and is integrated
into 24 mobile applications.
The updated card selection functionality has already been
implemented in the UniRED mobile app of Universalbank, Anorbank,
and Xazna by Xalq Banki. In particular, UniRED supports payments
via UZCARD, HUMO, and Visa cards issued by Universalbank; Anorbank
enables payments via UZCARD, HUMO, and its installment card; while
Xazna supports payments using UZCARD and HUMO cards.
UZCARD added that support for payments using cards from multiple
payment systems will be gradually extended to other partner
applications
Meanwhile, Uzbekistan aims to increase the share of cashless
payments in the trade and services sectors to 75% by 2030,
according to a presidential decree signed by President Shavkat
Mirziyoyev. The measure forms part of a broader strategy aimed at
promoting cashless payments and reducing the share of the shadow
economy.
