The introduction of the "social wallet" is planned until the end of 2022

At the meeting of the Commission under the President of the Republic of Kazakhstan on the implementation of digitalization, Minister of Trade and Integration Bakhyt Sultanov spoke about the work carried out on the introduction of the "social wallet".

According to the minister, by the end of 2021 it is planned to prepare an infrastructure - an instant payment system with the connection of banks and the launch of a "social wallet".

To start testing the project, it is also necessary to develop an algorithm for the gradual transfer of benefits and social payments to the social wallet.

Bakhyt Sultanov also announced plans for the subsequent periods of implementation of the digital wallet.

So, by the end of 2022, it is planned to put the "social wallet" into commercial operation and introduce new services (expanding the functions of the personal account, connecting to various online stores, etc.).

And in the period from 2023 to 2024, the Ministry plans to integrate the digital wallet with the National Commodity Distribution System, as well as expand the types of social payments to be credited to the "social wallet".