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Visa in Kazakhstan

Visa is one of the payment methods in Kazakhstan. Payments are made in KZT; the method supports pay-in, payout, recurring, refund; settlement: T+1; chargebacks: under the scheme rules. The payments regulator in Kazakhstan is Национальный Банк Казахстана; АРРФР. Providers for Visa in Kazakhstan in the Tranzify catalogue: Freedom Pay.

Key facts

Currency
KZT (Kazakhstani tenge)
Operations
Pay-in · Payout · Recurring · Refund
Settlement
T+1
Chargebacks
under the scheme rules
Payments regulator
Национальный Банк Казахстана; АРРФР

Providers for Visa in Kazakhstan

ProviderProvider typeSupported operationsStatus at Tranzify
Freedom PayAcquirerPay-in, Payout, RefundOn request

How a payment goes through

  1. 1The payer enters the card on the hosted checkout; the number is encrypted before it leaves the page
  2. 2The vault stores a token; routing picks the acquirer by BIN, country and amount
  3. 33-D Secure when the issuer asks; the acquirer authorises
  4. 4Callback to the merchant, status in the journal for five years

Other payment methods in Kazakhstan

TypePayment methodsshare of e-commerce payments
WalletsKaspi Pay60 %
CardsMastercard—
WalletsApple Pay—
WalletsGoogle Pay—

Visa in other countries

Frequently asked questions

Which providers offer Visa in Kazakhstan?+
In the Tranzify catalogue Visa in Kazakhstan is offered by Freedom Pay. A client connects its own account with the provider as a terminal; routing and cascading between several providers are set up in the back office.
How widely is Visa used in Kazakhstan?+
The catalogue has no published market share for Visa in Kazakhstan; the method is listed among the country's payment methods.
Which operations does Visa support in Kazakhstan?+
Visa supports pay-in, payout, recurring, refund. Settlement is T+1 and chargebacks are under the scheme rules; the amounts are in KZT.
Who holds the licence for Visa in Kazakhstan?+
Tranzify is software. The licensed client, a payment institution, an acquirer or its partner, contracts with the providers and the merchants; the platform routes the payments, records them in the journal and reports them. The payments regulator in Kazakhstan is Национальный Банк Казахстана; АРРФР.

Articles about Kazakhstan

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