Payment Card Year Books

Kazakhstan 2019/2020

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Payment Organisation

Interbank Card Processing Centre (ICPC). 

Domestic Card Brand

Altyn Card. 

Market Structure

Though two banks issue proprietary local debit cards, nearly all cards are internationally branded. Three banks issue UnionPay cards. 

VISA predominates, with market share of 63.33%. Central bank figures show that 70.59% of cards in circulation are classed as active cards. 

The five largest banks – Halyk Bank, Sberbank KZ, Forte Bank, Tsesnabank and Kaspi Bank – accounted for 56.65% of banking sector assets as at December 2018. 

Of the top 10 banks, Kaspi Bank and Sberbank are Russian-controlled. 

Bank sector consolidation gained momentum in 2017: Halyk Bank acquired Kazkommertsbank, Tsesnabank acquired Bank CenterCredit. Bank RBK and Qazag Banki in talks about merger. 

Following UniCredit’s disposal of ATF Bank in March 2013, there is no substantial western-owned retail bank in Kazakhstan. 

Notable Market Trends

Contactless rollout, e-money, UnionPay cards, mobile banking apps. 

Statistical Key Figures for 2018 provided in this profile:

UPDATED: tables with card business data 2014-2018; growth rates: Y-o-Y, CAGR
Population, Cards per Capita, Card Value per Capita
Debit Cards, Credit/Delayed Debit Cards, Total Cards
Card payments by number and by value, ATV per card, payments per card/year
ATMs, POS terminals, ATMs/POS terminals per 1 million capita
ATM withdrawals by number/by value, ATV per withdrawal, TXs per ATM/month
POS payments by number/by value, ATV per POS payment, TXs per POS/month
Internet Use, e-payment mix, B2C e-Commerce by value and growth rate
Issued Card brands by individual major issuer bank
Accepted card brands by individual major acquirer
Drill down into the debit card use and credit cards use details

Product information

Digital product provided in PDF format. You will receive a download link to a zip file containing your files after checkout.


1.1 last updated 12th January 2020