Uzcard

What Uzcard does

Uzcard, legally JSC "Common Republican Processing Centre," is Uzbekistan's designated national payment system, founded in 2004 and headquartered in Tashkent. The company operates the country's primary domestic card-processing infrastructure, including the core UZCARD payment network, card issuance support, a nationwide ATM and POS terminal footprint (16,000+ ATMs and 265,000+ POS terminals), and ancillary services such as Online Cash Register (OCR) integration for merchants. Underlying technology is a multi-bank, multi-aggregator processing platform certified to PCI DSS and PCI P2PE standards, with 24.7 million cards in circulation across 36 partner banks and 33 payment aggregators.

The business model is anchored on transaction-fee revenue from ATM withdrawals, POS transactions, and cross-border payment processing routed through partner networks such as Discover, Diners Club International, UnionPay, and (in development) WeChat Pay. Distribution is B2B-led: member banks issue UZCARD cards and deploy acceptance infrastructure, while aggregators connect merchants to the network. Consumer-facing activity is comparatively limited to cardholder services and promotional campaigns (e.g., the Payme Tez QR 3% cashback campaign). The company does not disclose consumer or merchant pricing publicly; tariffs are available to banks and partners via connection procedure documentation.

UZCARD's strategic posture in late 2025 and early 2026 has shifted toward internationalization, layering cross-border acceptance and QR interoperability on top of its dominant domestic position. With a 43% share of Uzbekistan's cashless payments in 2025 (up from 38% in 2023) and 318% growth in co-branded card transaction volumes abroad (Q3 2025 vs. Q3 2022), the company is leveraging its incumbent domestic network to attract inbound payment traffic from international cardholders and tourists while building outbound rails to Pakistan and other UnionPay-aligned markets.

Name

Uzcard

Legal name

JSC "Common Republican Processing Centre"

Website

https://uzcard.uz

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

251–500 employees

Short description

Uzcard is Uzbekistan's national payment system, operating the country's largest card network with 24.7 million cards, 265,000+ POS terminals, and 16,000+ ATMs across 36 partner banks and 33 payment aggregators, and is expanding into cross-border acceptance via Discover, UnionPay, and WeChat Pay integrations.

Ownership category

akta.pro rank

Product category

Payment Processing Infrastructure

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Finance Services (6199)

akta.pro primary industry

Integrated Payment Processors (PSP/Acquirer) (FSAMABAA)

akta.pro secondary industries

International / Global Card Schemes (FSAMAAAD), Payment Processing & Acquiring Infrastructure (FSAGABAC), Payments Operations (ACH/Wire/RTGS, SWIFT, SEPA, Checks) (FSABALAB)

Keywords

• National payment system
• Card processing infrastructure
• Payment card network
• POS terminal services
• Cashless payment processing

Headquarters

HQ city

Tashkent

HQ country

Uzbekistan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Payment Processing Services: Revenue generated from transaction processing fees across the UZCARD network including ATM withdrawals, POS terminal transactions, and cross-border payment services

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

UZCARD operates Uzbekistan's national payment card processing infrastructure, providing cashless payment processing across ATMs, POS terminals, and online channels. The network processes transactions for 36 partner banks and 33 payment aggregators, supporting 24.7 million cards, 265,000+ POS terminals, and 16,000+ ATMs across the country.

Product overview

UZCARD is Uzbekistan's national payment system operated by JSC 'Common Republican Processing Centre.' It operates as a comprehensive payment ecosystem comprising the core UZCARD payment network (with over 24.7 million cards and 265,000+ POS terminals), supported by 36 partner banks and 33 payment aggregators. The product portfolio includes card products for cardholders, POS terminal services for merchants, online cash register integration, and a partner program for banks and business stakeholders. The system facilitates both domestic transactions within Uzbekistan and international cross-border payments through partnerships with Discover Network, Diners Club International, UnionPay, and WeChat Pay.

Differentiator

Problem solved

Functional benefit

Products and services

• UZCARD Payment System Core payment card processing infrastructure providing cashless payment processing services to 36 partner banks and 33 payment aggregators across ATMs, POS terminals, and online channels in Uzbekistan.
• UZCARD Cards Debit and credit payment cards issued through partner banks for use at ATMs, POS terminals, and online merchants connected to the UZCARD network.
• POS Terminal Services Point-of-sale terminal services enabling merchants to accept cashless card payments through the UZCARD network at retail and commercial locations nationwide.
• Online Cash Register (OCR) Integration Online Cash Register (OCR) integration service that connects merchant payment systems with UZCARD's payment infrastructure for transaction processing and tax compliance.
• Small Business Solutions Payment acceptance and processing solutions tailored for small businesses and individual merchants, distributed through partner banks and payment aggregators.
• Partner Program Partnership program enabling banks, payment aggregators, and service providers to join the UZCARD payment network, with defined connection procedures, tariff schedules, and loyalty offerings.

Quantifiable outcome

• Transaction volume with co-branded cards outside Uzbekistan grew 318% in Q3 2025 vs Q3 2022
• +1 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature1 record

Partnerships

Three partnerships are on record, tiered core.

• SQB (State-owned bank)coreChannel Partner/ Reseller/ Distributor · 29 January 2026SQB expanded international payment services through partnership with UZCARD, enabling Discover Network and Diners Club International cards to be accepted at its merchant terminals and ATMs. The expansion is designed to facilitate transactions for foreign visitors and supports SQB's broader strategy to develop international cooperation.
• Discover NetworkcoreStrategic or Co-development Partner · 9 January 2026Strategic alliance between UZCARD and Discover Network to expand global payment acceptance in Uzbekistan. The partnership enables holders of Discover Network and Diners Club International cards to access UZCARD's nationwide POS terminals and ATMs. Discover Network gained market entry through integration with UZCARD's existing infrastructure.
• UnionPaycoreTechnology or Integration · 28 November 2025Cross-border payment cooperation agreement signed at UnionPay Global Partners Conference 2025 in Shanghai. UZCARD committed to the Joint Initiative on Open Payments supporting a connected global payment network under UnionPay's New Four-Party Model. UnionPay highlighted AI-powered solutions reducing cross-border fraudulent transaction response time from 2-3 days to 1 day.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Visa: Global card scheme with acceptance in Uzbekistan via partner banks and acquirers. Visa competes for international tourist spending and high-value cardholder transactions against UZCARD's domestic infrastructure, and represents the broader incumbent UZCARD is benchmarked against.
• Alipay: Global mobile wallet and QR payment platform that has integrated with HUMO (UZCARD's domestic rival) to enable cross-border QR payments into Uzbekistan. Alipay is a competing payment rail for inbound Chinese tourist and consumer flows.
• UnionPay International: Chinese global card scheme that signed a cross-border cooperation agreement with UZCARD in 2025. UnionPay is simultaneously a partner and a strategic competitor — its four-party model and corridor ambitions overlap with UZCARD's regional positioning.
• Discover Network: US-based card network that signed a strategic alliance with UZCARD in early 2026 to enable Discover/Diners Club acceptance at UZCARD terminals. Operates a comparable global acceptance model and is both a partner and a competing international scheme.
• Mastercard: Global card scheme with cross-border card acceptance in Uzbekistan. Mastercard competes with UZCARD's Discover/Diners/UnionPay partnerships for inbound international payment volume, and operates a comparable four-party model that mirrors UZCARD's national scheme structure.

Direct peers

• Payme: Leading Uzbekistan-based payment aggregator and mobile wallet operating on top of UZCARD rails (e.g., the Tez QR campaign). Payme is both a distribution partner and a competitive threat as it builds consumer-facing payment experiences that could disintermediate the card scheme.
• HUMO: Uzbekistan's other major national payment network, operating a parallel card scheme with its own partner banks, ATMs, and POS terminals. HUMO is UZCARD's closest direct competitor and the two networks are jointly integrated with WeChat Pay and serve as Uzbekistan's duopoly rails.

Regional players

• Kazakhstan's National Payment System (Kazkommerts/Processing): Kazakhstan's national card processing and interbank settlement infrastructure — comparable in operating model (multi-bank, state-affiliated national processor) and Central Asian regional context. Represents both a peer benchmark and a potential cross-border expansion opportunity for UZCARD.
• National Card (Azerbaijan) / Azericard: Azerbaijan's national payment processing center and card scheme operator, structurally analogous to UZCARD as a state-affiliated national payments processor in a former-Soviet Central Asia/Caspian market. Comparable in role, scale of economy, and regulatory positioning.
• Elcard (Kyrgyzstan) / Elsom: Kyrgyzstan's national card scheme and processing infrastructure. Operates a structurally similar national payment system model in a neighboring Central Asian economy with comparable regulatory and economic profile to Uzbekistan.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/uzcard
• Facebookfacebook.com/UZCARD

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Uzcard