MBANK launches MPay in Kyrgyzstan: payments and transfers with a single tap

22 December 2025

MPay is a revolutionary solution that MBANK has introduced for the first time in Kyrgyzstan and Central Asia, permanently changing the rules of the game in the financial market.

Marat Toraliev, First Deputy Chairman of MBANK, presented MPay at the large-scale MTalX event on December 18, marking the beginning of a new stage in the development of digital payments.

In a country where services like Apple Pay are not yet available, MPay became a domestic technological solution, designed with real conditions and user needs in Kyrgyzstan in mind.

MPay is a contactless technology within the MBANK app, available on smartphones running Android and iOS, which instantly connects the user’s phone directly to the MKassa terminal. This makes payments via POS terminals simple – just tap your phone, and the transaction can even be completed without an internet connection.

MPay is indispensable in everyday situations: in stores, cafes, markets, or when sending money to someone nearby. Just open the app and bring your phone close – MPay handles the rest. Payments take seconds, transfers don’t require tedious entry of details, and the process is so intuitive that even users who have previously avoided technology can master it.

How to pay with MPay:

  1. Turn on Bluetooth on your smartphone and allow the MBANK app access to nearby devices. On iPhone, this is configured in the MBANK app settings; on Android, it’s under permissions, where access to nearby devices should be enabled.

  2. Enable location access.

  3. Ask the cashier or vendor to process the payment via the MKassa terminal.

  4. Open the MBANK app, bring your smartphone close to the terminal, and confirm the payment.

To use MPay, update your MBANK app to the latest version.

Everything happens quickly and without internet – perfect for situations where speed matters.

Instant transfers to people nearby
MPay also allows you to transfer money to other people nearby. Both you and the recipient just need to open MBANK and tap the MPay button. The app will display nearby users – simply select the person and complete the transfer. No card numbers, QR codes, or manual phone number entry are needed.

Try MPay today!
MPay is a new level of convenience in everyday financial operations. Payments and transfers become fast, clear, and accessible in any situation.

Update MBANK and try MPay now – a technology that truly simplifies life.

MBANK – The First Digital!
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