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Version ¹3 on 30/01/2025

As of January 1, 2025, 7 banks and JSC «Kazpost» were issuing electronic money. The operators of 42 out of 46 electronic money systems functioning in Kazakhstan are payment organizations.

Kazakhstan electronic money issuers issued electronic money in the amount of 958,8 billion KZT as of 2024 (25.0% increase compared to 2023). There is also a significant growth in open electronic wallets (by 76.9%), the number of which as of 01.01.2025 exceeded 61 million.

For the year 2024, the volume of transactions using electronic money issued by kazakhstan issuers in Kazakhstan amounted to 1 073.4 billion KZT (an increase of 26.1% compared to 2023).

The volume of transactions using electronic money in favor of individual entrepreneurs and legal entities as of January 1, 2025 amounted to 846.8 billion KZT (an increase of 20.0% compared to 2023), in favor of individuals - 226.6 billion KZT (an increase of 55.8%).

 

Table  1

Indicators

01.04.2024

01.07.2024

01.10.2024

01.01.2025

Issue of electronic money (number of transactions)

1 170 635

1 289 333

1 325 789,0  

1 479 152,0

Issue of electronic money, volume (mln. KZT)

222 384,9

244 575,4

252 091,0  

239 778,5

Electronic money in circulation (mln. KZT)

16 904,0

17 533,8

12 480,2  

20 714,8

Number of electronic wallets

30 427 491

38 032 154

57 159 817

61 652 887

Number of agents of electronic money issuers

111

123

134

144

Number of subagents of electronic money issuers

9 984

10 005

10 096

10 129

Number of EM transactions (in thousands), including:

49 702,5

55 826,7

58 660,8  

61 693,3

In favor of individuals

3 209,4

3 836,3

3 831,9  

4 153,8

In favor of individual entrepreneurs and legal entities

46 493,1

51 990,4

54 828,9

57 539,6

Volume of EM transactions (mln. KZT), including:

237 016,4

264 607,4

 266 171,8  

305 567,2

In favor of individuals

49 013,4

61 187,9

56 835,9

59 563,1

In favor of individual entrepreneurs and legal entities

188 003,0

203 419,5

209 335,8  

246 004,0

 

 

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