Payment methods in Turkmenistan

Asia

5methods

1bank

Cash is the dominant payment method, especially outside Ashgabat; the PSP landscape is dominated by state-owned banks.

Market takeaways

Cash is the dominant payment method, especially outside Ashgabat; the PSP landscape is dominated by state-owned banks.
As of January 2026, 1,043 trading points are connected to the national e-commerce system, with Halkbank leading at 571 points.
Visa and Mastercard have limited acceptance, mostly at larger retailers and hotels in Ashgabat.
Milli Hasab is the local payment system facilitating domestic bank card and mobile app transactions.
International alternatives such as PayPal, Apple Pay, and global e-wallets are largely unavailable due to regulatory and infrastructure barriers.

Population

6.1M

Online population

~2.0M

Banked population

~45%

Credit card population

<10%

Payment method breakdown

Cash75%
Card20%
Mobile / Digital5%

Card scheme breakdown

Market data coming soon.

Cross-border e-commerce

Market data coming soon.

Featured payment methods in Turkmenistan

All payment methods available in this market, sorted by prominence.

Halkbank / State Bank Apps

Halkbank is the leading state bank in Turkmenistan's e-commerce system, with 571 online merchant points as of 2026. State bank mobile apps (Internet-bank and Mobile-bank) provide basic digital banking services including transfers and bill payments for connected customers.

Visa

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

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.

Milli Hasab

Turkmenistan's national domestic payment system, supporting bank card transactions and mobile app payments for domestic consumers. Milli Hasab underpins local digital transactions in a market where international alternatives are largely inaccessible.

Rysgal Bank Digital Services

Rysgal Bank is the second-largest participant in Turkmenistan's e-commerce system with 248 merchant connection points. It provides banking services including mobile and internet banking to retail customers.