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๐Ÿ‡ฐ๐Ÿ‡ฌ Kyrgyzstan /Economy & Trade

Visa Awards MBANK for Launching Apple Pay in Kyrgyzstan

From 24.kg · () Russian

Translated from Russian, summarized and contextualized by DistantNews.

At a glance

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  • MBANK has received an award from Visa for successfully launching Apple Pay in Kyrgyzstan.
  • The award recognizes MBANK's contribution to digital technology development and its role in providing a modern payment infrastructure.
  • Apple Pay, available in MBANK since July 28, offers a secure and fast payment method for cardholders using iPhones or Apple Watches.

MBANK has earned a prestigious award from global payment leader Visa for its successful implementation of Apple Pay in Kyrgyzstan. The recognition highlights the bank's significant contributions to advancing digital technologies within the country and establishing a modern financial infrastructure.

The introduction of Apple Pay through the MBANK application has provided thousands of Kyrgyz citizens with access to a contemporary, swift, and secure payment solution. Sanjar Suleymanov, Visa's Vice President and Regional Manager for Central Asia, presented the award to Almazbek Mamyrbaev, MBANK's Director of Digital Development for the Mass Segment.

"This award from Visa confirms that our team is on the right track," Mamyrbaev stated. "Our primary goal is to offer MBANK customers the best user experience. Apple Pay has become a highly anticipated service, making daily payments instant and secure. We are committed to elevating digital banking in Kyrgyzstan to global standards."

The Apple Pay service has been available for MBANK, MBusiness, and MIslamic cardholders since July 28. Users can now make purchases using their iPhone or Apple Watch by simply holding the device near a payment terminal. Each transaction is secured through advanced measures, ensuring card data is not stored on the device or shared with merchants, and payments are authenticated via Face ID, Touch ID, or a passcode.

For our team, the award from Visa is confirmation that we are moving in the right direction. Our main goal is to provide MBANK customers with the best user experience. Apple Pay has become a long-awaited service that has made daily payments instant and secure. We continue to work to ensure that digital banking in Kyrgyzstan is at a global level.

โ€” Almazbek MamyrbaevDirector of Digital Development for the Mass Segment at MBANK, commenting on the award.
DistantNews Editorial

Originally published by 24.kg in Russian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.