ASTANA, Kazakhstan, September 3. Effective July 1, 2025, the deployment of electronic currency in Kazakhstan was executed by 7 banks and JSC "Kazpost," Trend reports via Kazakhstan’s National Bank.
A total of 41 entities among the 45 electronic monetary
frameworks operational in Kazakhstan are classified as payment
organizations.
During the second quarter of 2025, Kazakhstani electronic money
issuers transacted an aggregate volume of 219.6 billion tenge
(approximately $417.24 million) in e-money issuance. The
proliferation of active digital wallets has surpassed the 40
million threshold.
The accelerated expansion of the electronic currency sector in
Kazakhstan is anticipated to diminish the proportion of cash-based
transactions and catalyze further digital transformation within the
economy. Heightened rivalry among financial institutions and
payment entities will catalyze the innovation of emergent fintech
solutions. Simultaneously, there will be escalated exigencies for
cybersecurity protocols and the safeguarding of users' personal
information assets.
