Digital ecosystems My O! and Kaspi.kz launch cross-border QR payments for residents of Kazakhstan and Kyrgyzstan

O!Bank, part of Kyrgyzstan’s My O! digital ecosystem, and Kazakhstan’s leading fintech company Kaspi.kz have launched a new cross-border QR payment service, bringing together the digital financial ecosystems of the two countries.

The new solution enables users to pay for goods and services across borders just as easily as they do at home — using their familiar My O! or Kaspi.kz mobile apps.

In Kyrgyzstan, My O! unites financial services, telecommunications, and e-commerce in a single super app used by more than 3 million people.

In Kazakhstan, Kaspi.kz is a market-leading super app for shopping, payments, transfers, and personal finance management.

With the new service, Kyrgyz users can make seamless payments in Kazakhstan through My O! by scanning Kaspi QR codes.

Conversely, Kazakh users can pay in Kyrgyzstan via Kaspi.kz by scanning ELQR, the national QR standard introduced in cooperation with the Interbank Processing Center.

Additionally, O!Bank customers can send instant, commission-free transfers to Kaspi.kz users via phone number.
All transactions are processed instantly and without fees — removing the need to carry cash or bank cards when traveling between the two countries.

This launch marks an important milestone in the integration of the financial systems of Kazakhstan and Kyrgyzstan and further strengthens cross-border fintech cooperation in the region.

O!Bank OJSC. NBKR License #044 dd. 17.09.2024.