News

VISA Inc.: Keremet Bank was the first bank in Kyrgyzstan to implement contactless ATMs

10 January 2022

International payment system Visa Inc. has summarized the results of 2021, highlighting the most outstanding partners. "Keremet Bank" was marked as the "First contactless ATM acquiring launch in Kyrgyzstan". VISA is a global payment system, providing its cardholders with access to a secure network of electronic payments in more than 200 countries. 

NFC is a technology of contactless data exchange between a special reader on an ATM and a payment card at a distance of up to 10 cm without the risk of data loss or interception - information about the card number is used in an encrypted form and cannot be used by third parties. Contactless technology allows cashing out money or making payments as quickly and conveniently as possible without letting the card out of your hands.

"Keremet Bank", always focused on the digitalization of its products, understands that the creation of modern infrastructure to service contactless cards is one of the main factors for the effective development of the banking system of the country in general.  That is why Keremet Bank was the first commercial bank in Kyrgyzstan to start importing and putting into operation contactless ATMs based on NFC technology. At present "Keremet Bank" is working on activating contactless NFC-readers and equipping them in all its ATMs, including those acquired earlier, which will make a total of more than 250 ATMs in all regions of the republic.

By the way, "Keremet Bank" is also one of the leaders in the country in issuing contactless payment cards, and today all the cards issued by the bank are equipped with NFC technology.

"Keremet Bank" OJSC expresses its gratitude to VISA Inc. for recognition, congratulates all award-winning nominees and hopes for successful and fruitful cooperation in the future. If you have any questions regarding service in "Keremet Bank" please contact the 24-hour contact center by phone (0 312) 55 44 44, WhatsApp - (0 557) 55 44 or via the feedback form on the website.


close