National Digital Financial Infrastructure: Quarterly Results and Annual Plans

The National Payment Corporation (NPC) has summarized the results of the first quarter for the National Digital Financial Infrastructure (NDFI), covering key digital services:

• Interbank transfers

• Biometric identification

• Digital tenge implementation

• Anti-fraud platform

By the end of Q1 2025, up to 90% of Kazakhstan’s payment turnover passes through the system, with daily operations reaching 5.7 trillion tenge.

In March 2025, industrial operation of P2P transfers by phone number began. Test transfers between clients of different banks are available in three banks, with plans to connect all second-tier digital banks during the year.

The infrastructure also includes an anti-fraud platform involving 169 organizations. Over 36,000 fraud incidents were recorded in the quarter.

AI analyzes phishing calls and scams, though the system is not fully operational yet.

The digital tenge is being introduced as a tool for targeted control of public funds. Two key mechanisms were implemented in Q1: fund tagging and holding. Over 250 billion digital tenge were issued.

In the second half of the year, the launch of a unified interbank QR code is planned to reduce dependence on specific banks, simplifying business operations.

Special attention is given to biometric identification. NPC reports up to 3 million biometric operations per month in Kazakhstan.

(Automatic translation)