Kazakhstan controls about 75% of Kyrgyzstan's electronic money market

Виктор Сизов Economy
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Kazakhstan controls about 75% of the electronic money market in Kyrgyzstan

The most registered companies are located in Almaty


Kazakhstan holds a leading position in the electronic money market in Kyrgyzstan.

Out of the 12 systems registered with the National Bank of Kyrgyzstan, 9 have Kazakhstani operators, which accounts for approximately 75% of the entire market.

Among these operators, notable companies include Wallet One, Innopay, WebMoney Kazakhstan, One Click, Interpay, Cashello.kz, Yurta, OneVision, and MaxPay.

Almost all of them are registered in Almaty.

The registry also includes the Russian system "Golden Crown," and two fintech companies from Canada.

At the same time, there are no international electronic systems with Kyrgyz jurisdiction in the registry.

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