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Kyrgyzstan

KG · KGZ · 417Asia-PacificKGS с16 methods

5 sources

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

Payment mix

share of e-commerce spend
  • Cash50%
  • Mobile Wallet / QR35%
  • Card12%
  • Bank Transfer3%

Methods in use

top 8 of 16

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
Banking groups present

Headquartered outside Kyrgyzstan. The catalogue has no bank headquartered here yet.

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