The National Bank of the Kyrgyz Republic has ended the special regulatory regime for Regional Payment Systems LLC (RPM) and Quickpay System LLC and terminated the licences each firm held under that regime. The decisions were taken by the National Bank’s Committee on Payment System and Digital Financial Technologies on 27 February 2026, cancelling licence No. 7002260821 for RPM and licence No. 7004160424 for Quickpay. The special regulatory regime was used to test transactions for electronic money issuance and, for RPM, bank card acquiring; the National Bank noted that successful testing led to legislative changes in the Kyrgyz Republic.
National Bank of the Kyrgyz Republic 2026-03-04
National Bank of the Kyrgyz Republic terminates special regulatory regime for Regional Payment Systems and Quickpay and cancels associated licences
The National Bank of the Kyrgyz Republic has terminated the special regulatory regime and licences for Regional Payment Systems LLC and Quickpay System LLC. The decision, made by the Committee on Payment System and Digital Financial Technologies, follows successful testing that prompted legislative changes in electronic money issuance and bank card acquiring.