Kyrgyzstan

KG · KGZ · 417Asia-PacificKGS с16 methods

Revised · 5 sources

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MBank surpassed 10 million app downloads in 2024, with over 3 million active customers representing approximately 80% of Kyrgyzstan's adult population.

~4.5M

online population

~42%

banked adults

~15%

credit card population

Mix Methods Behaviour Banks Sources Facts

Payment mix

share of e-commerce spend

CategoryLeading methodShare

Cash—50%
Mobile Wallet / QRGoogle Pay35%
CardVisa12%
Bank Transfer—3%

Methods in use

top 8 of 16 · by spend

MethodTypeShare

All 16 methods in Kyrgyzstan →

Checkout behaviour

MBank's nationwide QR system operates on over 60% of all point-of-sale terminals.

QR code transactions exceeded 53 million in a single quarter, reflecting explosive growth in contactless digital payments.

Facts

ISO 3166: KG · KGZ · 417
Region: Asia-Pacific
Population: 7.0M
Currency: KGS с
Banked adults: ~42%
Methods live: 16
Banks covered: 1

Largest banks

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China United States United Kingdom Japan

Sources

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