Institutional payment technology
Instant card payouts to Uzbekistan. One API.
QAND UAE is a payment technology provider connecting international financial institutions to instant transfers to cards in Uzbekistan through licensed local partners. One API for local payouts, quotes and transaction status, built with a wider CIS corridor focus.
CIS stands for the Commonwealth of Independent States.
Instant card payouts. Fewer steps to use the funds.
Traditional cross-border journeys involve several hand-offs. With QAND, a licensed local partner credits the beneficiary’s card directly.
Traditional multi-step journey
Cash collection and additional steps
- Sender requests the payment through their financial institution
- Beneficiary collects cash
- Currency conversion, if required
- Beneficiary deposits funds into a local account
- Beneficiary uses the funds
Direct digital payout with QAND
Instant credit to an eligible card
- Sender requests the payment through their financial institution
- Licensed local partner credits an eligible card-linked or bank account
- Beneficiary uses the funds
Illustrative journeys, not a description of every provider or transfer. Receiving methods, currencies and availability depend on the licensed institutions and corridor arrangements. Currency conversion, where required, is performed by appropriately licensed partners.
Built for payment institutions.
QAND connects banks, exchange houses, payment service providers and money transfer operators with local payment rails. Your institution keeps its customer relationship.
Local receiving. Connected.
Our active Uzbekistan connection supports instant UZS payouts to eligible local cards, with account receiving where supported.
Active
UZUzbekistan
Instant UZS payouts to eligible Humo, Uzcard and Visa cards. Account payouts are supported where available under the relevant arrangements.
More corridors
Coming soon
Further CIS corridors coming soon.
How it works.
Your institution submits the payment instruction through QAND’s API. QAND coordinates routing, partner quotes and status. Licensed financial partners handle the funds and complete the beneficiary payout.
- 01
Originating financial institution
Retains the customer relationship and receives the customer’s payment request.
Sanctions screening - 02
QAND API
Provides API connectivity and technology routing for the payment instruction.
Encrypted API link - 03
Licensed local bank
Executes the payment and credits the beneficiary through the eligible local receiving method.
KYC/AML controls - 04
Beneficiary’s card or account
The beneficiary receives the credit in the eligible card-linked or bank account.
Separate institutional settlement
Net settlement in major international currencies (USD, EUR, AED) between licensed partners
Connect to the local payout methods your customers rely on.
Have a question or a partnership opportunity in mind? We’d be happy to hear from you.