Banking vs. non-banking apps: who leads in online payments with Humo cards?

The second and third places were taken by Paynet and Payme with shares of 23.97% and 23.81%, respectively.

The other market participants have smaller shares: alif — 7.69%, Beepul and other applications — 3.67% each.

Overall, non-bank payment services demonstrate a high degree of concentration: the three leading players control 84.46% of all transactions.

In the banking segment, the leader is the Xazna application from the People's Bank, which accounted for 21.17% of transactions.

In second place is Octo-Mobile from Octobank (10.18%), followed by Uzum Bank in third place with a share of 9.91%.

Collectively, these three applications accounted for 41.26% of all transactions, which is significantly lower than the figure for non-bank solutions.

The top 5 also includes TBC Bank (8.38%) and Zoomrad from Aloqabank (7.61%).

Next are Milliy 2.0 from the National Bank (5.32%), Hamkorbank (4.95%), and Anorbank (4.23%).

Among notable market participants, mobile applications Ipak Yoʻli Bank (4.03%), Agrobank Mobile (3.38%), SQB Mobile (3.08%), and Asakabank (2.51%) are also highlighted.

The cumulative share of other banking applications in terms of online transactions via Humo cards in January 2025 amounted to 13.16%.