Four Central Asian countries and Azerbaijan are planning to integrate their QR payment systems. This was reported by Qazaqyia.kz citing Sputnik Kazakhstan.
This was announced by the National Bank of Kazakhstan. Residents of Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan and Azerbaijan will be able to pay for goods and services in other countries using a QR code through the usual mobile application of their banks.
«Citizens of Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan and Azerbaijan during trips will be able to pay for goods and services using a QR code through the usual mobile application of their banks, as well as send and receive money to each other in real time,» the statement says.
The countries plan to work out a mechanism for integrating national QR payment systems by the end of 2026.