‘Elkart’, QR codes and instant payments — Kyrgyzstan’s experience has sparked interest in Tajikistan

The national banks of Kyrgyzstan and Tajikistan discussed the modernisation of payment infrastructure, the development of cashless payments and the introduction of digital financial technologies. Particular attention was paid to cyber security and the banking sector’s resilience to technological threats.

The talks took place on 9–10 November as part of a visit to Kyrgyzstan by a delegation from the National Bank of Tajikistan, led by Deputy Chairman Ziyoratšo Gulzoda.

The Tajik delegation also visited the Interbank Processing Centre, where they familiarised themselves with the operation of the national payment system ‘Elkart’, the unified ELQR QR code and the Fast Payment System.

The parties exchanged views on the regulation of the banking sector, the supervision of payment systems and the digitalisation of financial services. Following the meetings, they agreed to continue their professional dialogue and strengthen cooperation between the financial systems of the two countries.