Open Banking by UZCARD
Thanks to the significant contribution of the UZCARD payment system to the development of Uzbekistan's financial sector, the concept of Open Banking is already actively applied, benefiting both financial institutions and the entire population of the country.
Open Banking enables transactions across any bank in both offline and online environments, regardless of which bank is the acquirer or issuer.
With UZCARD, banks and payment organizations can securely carry out payments and transfers using cards from various banks. A key feature of this approach is the reliable protection of cardholder data, which fully aligns with the interests of banks and issuers, as well as with legal requirements for the protection of personal and card data.