A new interbank QR payment system has been launched in Kazakhstan, as reported by the Kazinform agency, citing Timur Suleimenov, the chairman of the National Bank of Kazakhstan.
The announcement of the system took place at a press conference held as part of the Central Asia Fintech Summit, which is taking place in Almaty.
As noted by Zhanar Samaeva, head of the National Payment Corporation of Kazakhstan, the interbank QR code has been tested in pilot mode over the past month. Currently, six banks are connected to the system, and by the end of the year, three more financial institutions are expected to be connected.
The full implementation of the service across the country is planned for 2026, when the system will be available in all regions and on all trading platforms in Kazakhstan.
