Kazakhstan – FinDeskAsia

Illustration of a Kazakhstan QR code linked to eight partner countries

November 9, 2026 FinDeskAsia

Kazakhstan Names 8 Countries for QR Payment Links, From China and India to Indonesia

Kazakhstan’s central bank is working to connect its national QR payment system with eight countries, including China, India, the UAE, Türkiye and Indonesia, so people can pay abroad by scanning a shop’s QR code in their usual banking app.

Illustration of a smartphone app linked by an arrow to a bank building, with a KZ tag, for Veon's digital bank plan in Kazakhstan

Company News

November 8, 2026 FinDeskAsia

Kazakhstan: Veon Plans Digital Bank by End-2027 After Closing US$81 Million OLX Deal

Veon, owner of Kazakhstan’s Beeline network, plans to launch a digital bank in the country by the end of 2027, after completing a US$81 million purchase of OLX KZ, an online marketplace with about 9 million monthly users. The move sets up a challenge to Kaspi.kz.