Payment methods in Kyrgyzstan

Kyrgyzstan's developing interoperable QR payment standard, connecting multiple banks and e-wallets. ELQR enables consumers with any participating banking app to make payments at any ELQR-enabled merchant, reducing fragmentation in the ecosystem.

Visa is the world's largest card network, enabling credit, debit and prepaid card payments online, in-store and at ATMs across virtually every market. In the listed countries Visa is a core internationally accepted scheme alongside local methods.

Mastercard is a leading global card network supporting credit, debit and prepaid card payments online, in-store and at ATMs worldwide. In the listed countries it is a core internationally accepted scheme.

Kyrgyzstan's first digital bank and the market-leading financial application, with over 10 million downloads and 3 million active customers by 2024. The MBank app provides virtual card issuance, QR payments, tax payments, vehicle re-registration, and utility bill payments. MBank's QR system operates at over 60% of POS terminals nationwide.

Bakai Bank is one of Kyrgyzstan's established commercial banks with a mobile banking app supporting fund transfers, QR payments, and account management. Part of the ELQR network, enabling interoperability with other financial platforms.

One of Kyrgyzstan's leading digital wallets, part of the broader ELQR interoperability ecosystem. ELSOM supports payments and transfers alongside partner institutions including RSK, Demir Bank, O! Money, MegaPay, Balance KG, and Namba One.

mPay is a digital wallet operated by Qatar Islamic Bank (QIB), one of Qatar's largest Islamic banks. Users can load funds from linked bank accounts, transfer money to other wallets via the QMP switch, pay merchants via QR codes and send and receive payment requests. As a full-featured QMP-connected wallet, mPay serves as one of the primary consumer mobile payment tools in Qatar.

The primary locally-issued digital wallet for Macau residents, developed by the Macau Pass consortium. MPay supports merchant QR payments, peer-to-peer transfers, and integration with the local transit and utility payment systems. It is designed specifically for the Macau market and is accepted at local merchants.

A contactless NFC-based payment technology within the MBank app, available on Android and iOS. MPay connects the user's phone directly to MKassa terminals for tap-to-pay functionality, expanding the reach of the MBank ecosystem to in-store contactless purchases.