Bishkek: Kyrgyzstan’s banking authorities are considering enabling political donations through mobile applications ahead of parliamentary elections scheduled for November 30, as the country continues its rapid digital payment transformation, Trend reports.

According to Trend News Agency, the proposal emerged during a meeting of the Interbank Payment System Council at the National Bank of Kyrgyzstan, which brought together representatives from commercial banks. The discussion focused on expanding digital financial infrastructure, with one agenda item covering “the possibility of making voluntary donations to election funds through mobile applications.”

This initiative aligns with Kyrgyzstan’s broader push toward financial digitization. The country has witnessed a significant growth in digital payment adoption, with active e-wallets surging to 3.5 million-a 28.8 percent increase compared to the previous year.

The council addressed several key digital payment initiatives, including the integration of government and municipal services into mobile applications and e-wallets, the expansion of QR-code payment systems compliant with national tax legislation, the development of merchant payment infrastructure across Kyrgyzstan, and the implementation of Open API and ISO 20022 standards in payment systems.

The proposal for mobile political donations represents a significant development in campaign financing, potentially transforming how political parties raise funds ahead of the parliamentary elections.