Woofun AI reports that Binance Pay has partnered with Alatau City Bank to activate cryptocurrency payments across approximately 5,000 point-of-sale terminals in Kazakhstan. The integration utilizes Binance Pay’s wallet technology and the bank’s existing network, allowing users to pay via QR code or NFC while merchants receive fiat settlement to avoid price volatility.

This deployment operates within Kazakhstan’s regulated framework, where Binance holds an AIFC license. The initiative supports the government’s digitalization strategy by offering cashless payment alternatives, with potential expansion to smaller cities based on demand.