The banking and payment systems of Kyrgyzstan operate in a manner that meets the requirements of the state of emergency with the provision of basic types of banking services and conducting payment and transfer operations, the National Bank of the republic has reported.
The National Bank of the Kyrgyz Republic will reportedly continue to work on the timely and uninterrupted meeting of the needs of the economy and the population in cash through commercial banks with the necessary denominations of banknotes and coins in full.
The payment system of Kyrgyzstan, including Elcard national payment system, provides the possibility of cashless payments.
“Payments and settlements will be carried out using various non-cash and remote payment tools (bank payment cards, e-wallets, Elcard Mobile application, payments and transfers using QR codes, mobile banking, Internet banking). Commercial banks and payment system operators / payment organizations ensure uninterrupted operation and security when making non-cash payments and transfers, work of online services and ATMs, POS-terminals, payment terminals,” the National Bank noted.
The National Bank recommends using online services, cashless payments and remote services. (24.kg/Business World Magazine)