A new foreign player has entered Kyrgyzstan’s e-money market

The National Bank of Kyrgyzstan has registered a new operator of an international electronic money system in the country—AIO.

According to the National Bank of Kyrgyzstan’s updated registry, the company was registered on April 15, 2026. The system is operated by the Canadian company ALL IN ONE FINANCE INC, registered in Toronto.

The new entrant has become the tenth operator of international electronic money systems officially registered in Kyrgyzstan.

In the Kyrgyz electronic money market, AIO has joined the existing international systems, including Zolotaya Korona, Wallet One, One Click, Interpay, Cashello.kz, KOLO, Yurta, MaxPay, and Cabbagino Payments.

At the same time, two systems under Kazakhstani jurisdiction—WebMoney Kazakhstan and Innopay—were removed from the registry.

The registration of WebMoney Kazakhstan, operated by Hermes Garant Group LLP, was revoked on April 15, 2026, following the operator’s own request for removal from the registry.

On the same day, the Innopay system, operated by Innoforce Systems LLP, also lost its registration. In this case, the reason cited was the revocation of registration in the country of origin.

Even earlier—on December 31, 2025—the Kazakhstani system OneVision was removed from the registry.

Thus, while there were 12 international electronic money systems in the National Bank’s registry at the end of 2025, their number has now dropped to 10.

At the same time, the market remains predominantly foreign. Most operators of international electronic money systems in Kyrgyzstan continue to represent Kazakhstan. The remaining active players include Wallet One, One Click, Interpay, Cashello.kz, Yurta, and MaxPay.

The Russian segment is effectively represented by the “Zolotaya Korona” system, while the North American segment is represented by the Canadian companies KOLO, Cabbagino Payments, and now AIO.

Earlier, “Akchabar” had already reported that Kyrgyzstan’s international e-money market is effectively controlled by foreign companies, primarily those from Kazakhstan. However, following a series of delistings, Kazakhstan’s influence in this market has begun to gradually decline, although it remains dominant.