Kazakhstan's dominant super-app with ~80% share of QR payment transactions. 15M+ monthly active users. Kaspi QR is the de facto standard for in-store payments. NASDAQ listed (KSPI). Partnered with Alipay+ for cross-border acceptance (2025).
Kaspi QR: 0.8-1.2%. Cards via Kaspi: ~1.0%. T+1 KZT. 80% KZ QR market share.
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