Kazakhstan witnesses the commencement of cross-border QR code payments, as Kaspi.kz and Alipay+ collaborate in this new venture.
In a significant move for the digital commerce landscape, particularly in Kazakhstan and the wider region, Alipay+ and Kaspi.kz have announced a strategic collaboration. This integration does not repeat earlier facts, such as the integration with Alipay or the QR-based payments, or the dual-app approach.
Venetia Lee, Greater China General Manager at Ant International, has expressed her support for the collaboration. In a statement, she underscored the strategic importance of the partnership for both parties, emphasizing the potential for mutual growth and innovation.
Mikhail Lomtadze, CEO and Co-Founder of Kaspi.kz, stated that the integration delivers convenience equal to the domestic experience. By adopting Alipay+'s advanced cross-border mobile payment technology, Kaspi is not only broadening its Super App's capabilities but also advancing Kazakhstan's role in shaping the future of digital commerce in the region.
The collaboration allows users of 12 Alipay+-enabled e-wallets to pay directly via Kaspi's QR technology. For international visitors, including those from China, Germany, and South Korea, the service brings a fast, familiar, and frictionless payment experience. The integration expands potential customer reach and revenue opportunities for local merchants by making their businesses accessible to mobile-savvy global consumers.
The dual-app approach reflects Kaspi's commitment to meeting the needs of both customers and merchants with equal efficiency, scalability, and security. The solution is fully embedded within the Kaspi.kz Super App for consumers and the Kaspi Pay Super App for merchants.
Kaspi.kz continues to demonstrate leadership in regional Fintech innovation by delivering solutions that blend technical excellence, customer-centric design, and strategic foresight to thrive in a rapidly evolving global payments landscape. The collaboration aims to empower travellers with effortless mobile payments, fostering commerce and community connections across borders.
Countries identified as potential users for Kaspi-QR-based cross-border integration with Alipay include Kazakhstan (the first country in Central Asia to accept Alipay+) and Malaysia, with ongoing expansion in Southeast Asia as of mid-2025. The integration reinforces Kaspi.kz's mission to enhance lives through forward-looking digital services and its ambition to set new standards for convenience and interoperability in the payments sector.
It's important to note that this collaboration is not related to the partnership between Prommt and NatWest's Payit, or the digital launch of OBD's Uptex Bank in MENA, as those are separate news articles. Moreover, the collaboration does not involve any advertisements, as the focus is on the strategic integration and its potential impact on the global payments landscape.
In conclusion, the integration between Alipay+ and Kaspi.kz further strengthens Kaspi.kz's position as a pioneer in digital services, reinforcing its mission to set new standards for convenience and interoperability in the payments sector. This collaboration is a significant step towards shaping the future of digital commerce in Kazakhstan and beyond.
