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Digital Payment Expansion: Apple Pay Officially Launches in Kyrgyzstan and Tajikistan

30 Jul. 10:14

Source

The financial technology sector in Central Asia has achieved a significant milestone with the official launch of Apple Pay across Kyrgyzstan and Tajikistan. According to a report by the media outlet Daryo, account holders in both nations can now utilize contactless payment capabilities by integrating their bank cards into the Apple Wallet application, eliminating the need for physical payment cards.

In Kyrgyzstan, the service has been rolled out across several major financial institutions, including Mbank, OptimaBank, Bakai, O!Bank, and DemirBank. Meanwhile, banking clients in Tajikistan can access the contactless framework through participating institutions such as Alif, Humo, and Aktivbank.

The introduction of this mobile payment solution enables seamless transactions at retail locations and service centers using compatible smartphones and smartwatches. This modernization initiative aligns with broader regional efforts to accelerate digital transformation within the banking sector and facilitate cashless transactions.

Concurrently, neighboring Uzbekistan is completing structural preparations to deploy both Apple Pay and Google Pay services within its domestic market. While the technical infrastructure required for Near Field Communication (NFC) transactions is fully operational, official implementation dates for the Uzbek market have not yet been finalized.

















India Lifts Four-Year Ban on Wheat Exports

Today in 08:48

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India has officially lifted its restriction on wheat exports after four years. According to the Directorate General of Foreign Trade of India, the policy change took effect immediately and covers durum wheat, flour, and related grain products. The decision is expected to increase global supply and reduce economic pressures on countries dependent on grain imports.

The export curbs, originally introduced in 2022 to safeguard domestic food security amidst global price surges, were revoked following strong agricultural yields. India harvested a record 120.6 million metric tons of wheat in the last agricultural season, with the USDA projecting that grain reserves could hit record highs by the end of the 2026/2027 trade year.

The full removal of the export ban will notably enhance wheat shipments to developing markets across Asia, Africa, and the Middle East.