Beeline Seeks License to Open Accounts and Issue Cards in Kazakhstan
Summary
KaR-Tel, operating as Beeline in Kazakhstan, plans to obtain a first-category payment organization license.
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KaR-Tel, the company operating the Beeline brand in Kazakhstan, intends to secure a new first-category payment organization license. This regulatory status will permit the telecom provider to open corporate accounts, issue payment cards, and connect directly to the interbank payment infrastructure.
During the Central Asia Fintech Summit 2026, the National Bank of Kazakhstan, international group VEON, and its subsidiary KaR-Tel signed a memorandum of cooperation to advance this financial partnership.
Source: Kursiv
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