Humo Payment System
- Company typePrivate
- Founded2018
- HeadquartersTashkent, Uzbekistan
- Headcount101–250
- GTM typeB2B
- OfferingServices
Humo Payment System firmographics
Firmographics- Name
- Humo Payment System
- Legal name
- "Milliy banklararo protsessing markazi" AJ
- Website
- https://humocard.uz
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Humo Payment System industry classification
Industry- Product category
- National Payment System
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Alternative Payment Method (APM) Acquiring (e.g., BNPL, wallets, local methods) (FSAMABAL)
- akta.pro secondary industries
- mPOS & SoftPOS (Tap-to-Phone) Solutions (FSAMADAB), POS, QR & In-Person Acceptance Infrastructure (Crypto) (FSADAIAI)
Keywords
Where Humo Payment System is headquartered
LocationHeadquarters
- HQ city
- Tashkent
- HQ country
- Uzbekistan
- HQ region
- Asia
Offices1 record
Markets served
Humo Payment System business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Technology or R&D, Infrastructure, Operations, Personnel, Marketing or Sales
Revenue model
- Interchange and transaction processing fees: HUMO generates revenue through interchange fees and transaction processing fees collected from payments made using HUMO cards at terminals and ATMs across its network. The fee structure is determined by each issuing commercial bank, with card servicing costs varying by card type.
- Card issuance and servicing: Partner banks issue HUMO cards and set servicing fees based on card type. Some card categories (payroll, social, pension cards) may be issued free of charge under specific programs.
- Terminal and infrastructure services: The system operates and maintains over 184,000 terminals and 6,400+ ATMs across Uzbekistan, generating revenue through merchant acquiring and payment processing infrastructure services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Payroll, Social, and Pension Cards |
| Subscription | Annual | Standard and Premium Cards |
| Other | Pay-as-you-go | Contactless PIN-Free Transactions |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels5 records
Humo Payment System product offering
Product offeringCore offering
HUMO is Uzbekistan's national interbank payment system that operates a domestic card-based payment network. It provides dual-interface (contact and contactless/NFC) payment cards issued through 30+ partner commercial banks, supports PIN-less transactions up to 50,000 soums, and runs an acceptance infrastructure of 184,000+ payment terminals and 6,400+ ATMs across all 14 regions of Uzbekistan, with cross-border interoperability through Mastercard, Visa, UnionPay, and direct partnerships in Kazakhstan and pilot operations in Kyrgyzstan.
Product overview
HUMO is Uzbekistan's national payment system operated by the National Interbank Processing Centre JSC, offering a multi-product portfolio centered on the HUMO dual-interface card. The core product line includes contactless payment cards (standard, transport, student, and family variants), the HUMOPay mobile application for digital wallet and banking services, and 184,000+ POS terminals across Uzbekistan. International reach is enabled through the HUMO International card via Mastercard partnership. The system also offers an online cash register (Online NKM) module for business compliance. HUMO cards work in Kyrgyzstan and Kazakhstan via cross-border interoperability agreements.
Differentiator
Problem solved
Functional benefit
Brands
- HUMOPay: Mobile contactless payment application allowing payments via smartphone using HUMO cards.
Products and services
- HUMO Dual-Interface Card Contactless (NFC) and contact chip payment card accepted across Uzbekistan's 184,000+ terminals and 6,400+ ATMs. Supports PIN-less transactions up to 50,000 soums for contactless payments.
- HUMO Transport Card Specialized card variant for use on public transport, targeting commuters with transit-specific payment functionality.
- HUMO Student Card Card variant designed for students, offered at reduced or no cost under certain project initiatives.
- HUMO Family Card Family-oriented card product enabling shared banking services for household financial management.
- HUMO International Card International payment card enabling HUMO cardholders to make payments at 70+ million acceptance points worldwide through the Mastercard network partnership.
- HUMOPay Mobile Application Mobile banking application enabling cardholders to manage HUMO cards, make payments, view transaction history, and access banking services from a smartphone.
- HUMO Payment Terminals POS terminals deployed across Uzbekistan (184,000+ units) supporting contactless, PIN, and chip transactions. Includes Sunmi P3 flagship terminal with NFC, 4G, Wi-Fi, and eSIM connectivity.
- HUMO Online Cash Register (Online NKM) Automated online cash register system for businesses to manage sales transactions, issue electronic receipts, and comply with tax reporting requirements.
- Asterium x HUMO Crypto Card First HUMO crypto card enabling Bitcoin-related financial services, issued through partnership with Asterium.
Quantifiable outcome
- 3x faster than cash payments — contactless transactions without PIN for purchases up to 50,000 soums
- +5 more outcomes
Companies that use Humo Payment System
Customer profileNamed customers20 records
Segments6 records
Ideal customer profiles4 records
Humo Payment System technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Humo Payment System partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered flagship, core and minor.
- KEY TECH: AI Summit 2026flagshipHUMO participated as an official partner at the KEY TECH: AI Summit 2026 held at U-Enter Business Center in Tashkent. HUMO contributed to the national AI agenda discussion as part of Uzbekistan's digital transformation strategy.
- Digital Uzbekistan 2026 PLAS ForumflagshipHUMO served as the National Partner of the Digital Uzbekistan 2026 PLAS Forum, the largest fintech platform in Central Asia. This event positions HUMO as the leading national payment brand in Uzbekistan's financial technology ecosystem.
- MULTICARD (Rahmat)flagshipHUMO national payment system and MULTICARD payment organization signed a strategic Memorandum for joint development and implementation of innovative digital solutions in Uzbekistan's financial market. This represents HUMO's flagship fintech partnership for digital innovation.
- Halyk Bank (Kazakhstan)coreHalyk Bank launched HUMO payment acceptance in Kazakhstan, enabling HUMO cardholders to make payments in Kazakhstan. This is a key cross-border expansion partnership for the HUMO network.
- Tenge Bank (Kazakhstan)coreTenge Bank launched HUMO payment acceptance in Kazakhstan. Tenge Bank is a 100% subsidiary of Halyk Bank of Kazakhstan, and this partnership enables cross-border acceptance of HUMO cards in Kazakhstan.
- AsteriumflagshipAsterium and HUMO launched the first crypto card in Uzbekistan at the Bitcoin Pizza Fest event in Tashkent. This partnership introduced the first HUMO crypto card enabling Bitcoin-related financial services.
- Yandex GominorHUMO partnered with Yandex Go for a New Year promotional campaign offering discounts on Food, Taxi, and Delivery services. This partnership is a co-marketing initiative to drive card usage.
- Samarkand Marathon 2025minorHUMO sponsored and participated in the Samarkand Marathon 2025 as a partner, demonstrating community engagement and brand presence at national sporting events.
- KapitalbankcoreHUMO and Kapitalbank conducted joint promotional campaigns, including the '8 Million' campaign for International Women's Day 2024, to drive card issuance and usage.
- MastercardcoreMastercard and the National Interbank Processing Centre (NMPC) partnered to enable HUMO International cards for payments at over 70 million acceptance points worldwide. This integration allows HUMO cardholders to use their cards internationally through the Mastercard network.
Scale indicators6 records
Recent moves9 records
Expansion highlights6 records
Humo Payment System competitors and assessment
Company assessmentBroad incumbents
- Visa: Global card network accepted on HUMO's terminals and whose cards are co-issued by Uzbek banks. Represents the dominant global benchmark for card acceptance, processing economics, and consumer brand power that HUMO competes against domestically.
- Mastercard: Global card network and HUMO's strategic partner since 2019 for HUMO International cards. Serves as both partner and competitive benchmark — Mastercard-branded cards are co-issued by Uzbek banks and accepted on HUMO terminals.
- UnionPay International: China's national card network and a global payments scheme. HUMO terminals already accept UnionPay cards, making UnionPay both an interoperability partner and a benchmark for a state-linked scheme that scaled to global acceptance.
- RuPay (NPCI - National Payments Corporation of India): India's domestic card and payments network operated by NPCI. Comparable to HUMO as a national-scale, government-backed payment scheme achieving deep penetration against global incumbents — a relevant benchmark for HUMO's potential scale trajectory in a smaller economy.
- MIR (National Payment Card System of Russia): Russia's national payment card system operated by NSPK — the largest analog of HUMO globally. Both are state-backed national schemes designed to retain domestic payment volume against Visa/Mastercard; MIR is far larger but provides a direct operating-model benchmark.
Regional players
- Korti Milli (National Payment System of Tajikistan): Tajikistan's national interbank processing center and payment card system. Comparable as a Central Asian national payment infrastructure peer, smaller in scale than HUMO but operating an analogous role in a neighboring market.
- Troy (BKM - Turkey's national payment scheme): Turkey's domestic card payment scheme operated by BKM. Comparable as a national payment system in an emerging market that coexists with global networks while driving domestic card penetration and infrastructure deployment.
- ELVART (National Payment System of Kazakhstan): Kazakhstan's national interbank processing center operating a parallel role to HUMO. Directly comparable as a former-Soviet, state-linked national payment infrastructure now operating in a neighboring market that HUMO is actively expanding into.
Emerging players
- Kaspi.kz: Kazakhstan's super-app combining payments, marketplace, and fintech services. Comparable as a regional fintech/payments player in a neighboring market and a potential model (or competitor) for HUMO's evolution into consumer-facing digital financial services beyond card processing.
Direct peers
- UzCard: Uzbekistan's other national payment system and the most direct competitor to HUMO. UzCard issues payment cards and operates acquiring infrastructure across the same Uzbek market with overlapping bank partnerships and merchant terminals.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Humo Payment System social profiles
Digital presenceHumo Payment System compliance and trust
Trust signalCompliance1 record
Humo Payment System financial estimates
Financial estimateRevenue estimate
Valuation estimate
Humo Payment System leadership team
Management profileNumber of profiles
Profiles2 records
Humo Payment System funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Humo Payment System M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Humo Payment System
What does Humo Payment System do?
HUMO is Uzbekistan's national interbank payment system that operates a domestic card-based payment network. It provides dual-interface (contact and contactless/NFC) payment cards issued through 30+ partner commercial banks, supports PIN-less transactions up to 50,000 soums, and runs an acceptance infrastructure of 184,000+ payment terminals and 6,400+ ATMs across all 14 regions of Uzbekistan, with cross-border interoperability through Mastercard, Visa, UnionPay, and direct partnerships in Kazakhstan and pilot operations in Kyrgyzstan.
Is Humo Payment System a public or private company?
Humo Payment System is a private company. It is classified as unknown and is currently operating.
When was Humo Payment System founded?
Humo Payment System was founded in 2018. It employs 101 to 250 people.
Where is Humo Payment System based?
Humo Payment System is headquartered in Tashkent, Uzbekistan, in the Asia region.
How does Humo Payment System make money?
Three revenue lines are on record. Interchange and transaction processing fees are the primary driver. The others are card issuance and servicing and terminal and infrastructure services.
Who are Humo Payment System's main competitors?
Broad incumbents on record are Visa, Mastercard, UnionPay International, RuPay (NPCI - National Payments Corporation of India) and MIR (National Payment Card System of Russia). Regional players are Korti Milli (National Payment System of Tajikistan), Troy (BKM - Turkey's national payment scheme) and ELVART (National Payment System of Kazakhstan). Kaspi.kz is listed as an emerging player. UzCard is listed as a direct peer.
Does Humo Payment System have an API?
No public API is recorded for Humo Payment System.
What industry is Humo Payment System in?
Humo Payment System's product category is National Payment System. Its primary akta.pro industry code is FSAMABAL, Alternative Payment Method (APM) Acquiring (e.g., BNPL, wallets, local methods), with a secondary code of FSAMADAB, mPOS & SoftPOS (Tap-to-Phone) Solutions. Its SIC code is 6199.