1. Kaspi.kz enables cross-border QR payments, enhancing merchant coverage in Kazakhstan. 2. Alipay+ partners with Kaspi.kz, expanding digital payment capabilities in the region.
The introduction of international QR payments can significantly increase transactions and revenue for Kaspi.kz. This follows a trend where digital payment expansions often lead to stock price appreciation, as seen in similar fintech initiatives globally.
The partnership with Alipay+ is crucial for Kaspi.kz's competitive edge and growth potential in digital payments. Such developments are likely to attract investor interest, boosting stock valuation.
The long-term benefits include increased user engagement and market penetration, leading to sustained growth. For instance, companies like PayPal saw long-term effects from expanding payment solutions.