Kyrgyzstan – FinDeskAsia

Illustration of a phone showing a universal QR code for Kyrgyzstan’s new Elpay fast payment system

November 7, 2026 FinDeskAsia

Kyrgyzstan: New Elpay System Brings One QR Code and Phone-Number Transfers to All Banks

Kyrgyzstan’s Interbank Processing Center has unveiled Elpay, a 24/7 fast payment system with phone-number transfers, one universal QR code for any bank and instant business payments. Five banks are moving onto it, and a QR link with Kazakhstan is planned by the end of 2026.