Developing Finance
and Technology
Solutions for Central Asia and Beyond
The Kyrgyz government has set an ambitious goal to unlock national economic potential, leveraging country's unique geographical position.
As a part of this endeavour, PROCESSING KG has been established by the Ministry of Finance of the Kyrgyz Republic to bring financial infrastructure to the next level.
One-stop Service
Partner network
Direct relations with major banks
and payment providers around
the world
Global Footprint
Service provision in countries with
significant share in global trade
Technological Excellence
Seamless integration with banks as
well as payment systems,
aggregators
Security
Highest standards of customer data
protection
Partner network
Direct relations with major banks and payment providers around the world
Global Footprint
Service provision in countries with significant share in global trade
Technological Excellence
Seamless integration with banks as well as payment systems, aggregators
Security
Highest standards of customer data protection
End-to-end Payment Infrastructure
for Expanding Businesses
PROCESSING KG is a licensed non-bank payment institution focusing on international payments and remittance of trade securities.
We primarily serve corporate clients looking to scale their international operations. Our solutions support trade, service & payroll payments.
Value Proposition for Customers
International Commerce
- Direct transfers via correspondent relationships as well as SWIFT network
- Competitive exchange rates
- Same-day processing options
- Payment tracking & confirmations
- Bulk payment capabilities
Corporate Accounts
- Multiple currency accounts (USD, EUR, CNY, KGZ, etc.)
- Real-time balance monitoring
- Online banking portal & API access
- Detailed transaction reporting
- Provision of corporate card accounts
Remittance services for securities
- Support of cross-border payments via conventional and crypto assets
- Endorsement facilitation
- Redemption at maturity
Value Proposition for Banks
Value-adding Partnership with Low Risk
- Maintain existing liquidity for longer
- Access new markets and attract new customers
- Create additional revenue streams
Our compliance framework enforces AML/KYB standards, including automated checks against sanctions and PEP lists, beneficial owners verification and constant transaction monitoring to prevent fraud and any other illegal activities.
Payment Processing & Clearing
PROCESSING KG provides licensed financial technology services which enable merchants and businesses to accept payments from customers.
We act as intermediaries between merchants, customers, and financial institutions, facilitating secure and efficient payment transactions.
International focus
Providing services globally with the focus on Asia, MENA, LATAM
High throughput
Infinitely scalable, built for ever-growing transaction volumes
API exposure
Unified APIs for seamless integration
VexPay
A unique B2B payment platform for international trade, leveraging proven mechanics of promissory notes, both in digital and physical forms.
VexPay acts as an operator of international promissory notes backed by the Kyrgyz government, whereas PROCESSING KG executes financial transactions related to their issuance, transfer and settlements.
Using its network of partner accounts, PROCESSING KG flexibly manages cash pools, helping its partner banks improve their liquidity KPIs and minimize currency fluctuations when serving importers.
Corporate Cards Services
We facilitate issuance of corporate cards with top-ranked Kyrgyz banks, for domestic and international use, seamlessly integrated with VexPay.
Merchant Acquiring
On top of the available processing authorizations, we are seeking to obtain a license to acquire global high-value merchants operating in Kyrgyzstan.
Digital Wallet Development
PROCESSING KG is intending to launch a unique personalized digital payment experience for mobile phone users. We are partnering with Visa and Mastercard to develop digital payment wallets and bring Apple Pay to Kyrgyzstan in 2026.
About us
Our company is registered according to Kyrgyz federal laws and regulations of the Kyrgyz National Bank.
We are licensed as a Payment Processing Company and a Payment Service Provider (PSP).
Michael Donald
Advisor to the Ministry of Finance
Ulan Bukabaev
Chairman of the Board
Gulmira Kirtenova
Board Member & Chief Accountant
Mirbek Kurbanbaev
Chief Lawyer
N.N.
Compliance Officer
Gulmira Kirtenova
Board Member & Chief Accountant
Mirbek Kurbanbaev
Chief Lawyer
N.N.
Compliance Officer