The first fully online payroll project in MBusiness is now available in Kyrgyzstan
MBANK has introduced the first fully online payroll project in Kyrgyzstan within the web version of MBusiness.
Now companies can manage employees’ payroll accounts through MBusiness quickly and without unnecessary steps, while employees can join the payroll project directly via MBANK.
All in one service
For companies:
- Open payroll accounts online in just a few clicks
- Connect employees to the payroll project
- Manage the employee list (add or remove)
- Make payments at any time, regardless of bank working hours
- Automatic updates of account details if an employee changes their account, with notifications sent
For employees:
- Confirm connection via the MBANK mobile app and instantly join the payroll project
- Two-way connection: employees can apply самостоятельно by entering the company’s tax ID
- Online connection and freedom to choose a card for salary payments
- Ability to change the salary account 24/7
- Free issuance and обслуживание of a VISA card
- Cash withdrawals without commission
- 2% annual interest начисляется on the account balance
The launch of the online payroll project in MBusiness is considered an important milestone in the development of financial technologies in Kyrgyzstan. The service enables companies to switch to a modern format of working with employees, reduce costs, and make processes more transparent. Payroll management is no longer routine — it is now an efficient process available in just a few clicks.
“We created this service to eliminate paperwork for businesses. Now the payroll project is fully digital: from signing the contract to transferring funds. Accountants and entrepreneurs can manage payments in just a few clicks. This turns a complex routine into a fast and convenient process available at any time of day,” said Marat Toraliev, First Deputy Chairman of the Management Board for Strategic and Digital Development at MBANK.
MBANK — the first digital bank! Made in Kyrgyzstan!
License No. 014 of the National Bank of the Kyrgyz Republic.