TASHKENT, Uzbekistan, March 5. Uzbekistan’s
national payment system, HUMO, has introduced a service allowing
its cardholders to conduct payments in Kazakhstan via POS terminals
operated by Kazakhstan’s Halyk Bank, Trend reports via HUMO.
The initiative has been implemented in collaboration with Halyk
Bank and its Uzbek subsidiary, Tenge Bank.
Under the newly launched system, Uzbek residents can settle
payments for goods and services in Kazakhstan using their HUMO
cards, without the need for currency exchange or cash withdrawals.
Transactions are processed in Uzbek soums, with automatic currency
conversion and real-time settlement.
The platform accommodates payments through both physical and
digital cards, including contactless NFC transactions.
The introduction of this service is expected to streamline
payment processes for Uzbek citizens traveling to Kazakhstan for
business, tourism, or personal purposes, while simultaneously
expanding opportunities for businesses to accept cashless
payments.