17.07.2026, 13:08 66561

Interbank QR Code Payments to Launch Across Kazakhstan on 19 July

Interbank QR Code Payments to Launch Across Kazakhstan on 19 July
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Interbank QR code payments will become available to all Kazakhstanis from 19 July, the National Bank of Kazakhstan announced during the presentation of its nationwide interbank QR payment system.

According to the National Bank, all banks offering retail services through mobile applications have already been connected to the system.

"In accordance with the law, the official nationwide launch date for the Interbank Instant Money Transfer and Payment System (IMTPS) is 19 July 2026. From that date, customers of participating banks will be able to instantly transfer money to customers of other banks using a phone number, as well as pay for goods and services via a QR code regardless of which banks the buyer and seller use. Transfers and payments will be available around the clock and processed in real time," the National Bank said.


The system will also enable businesses to accept cashless payments from customers of all participating banks using a single QR code. Merchants will not need to install new equipment, as the service will operate on existing payment terminals. Users are advised to contact their banks regarding updates to mobile banking applications.

In addition to the National Payment System, Kazakhstan's national digital financial infrastructure includes platforms for biometric identification, the digital tenge, open banking, and the National Anti-Fraud Centre.

The National Payment System currently processes transactions worth around 6.3 trillion tenge each day. More than 340 billion digital tenge have already been issued, while the biometric identification platform processes approximately 3.5 million requests every month.

Since its launch, the National Anti-Fraud Centre has detected more than 165,000 cases of fraud and other illegal financial activities, including schemes linked to financial pyramids and illegal gambling operations.
 

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