Memorandum
The HUMO and Multicard partnership.
The HUMO national payment system and the Multicard payment organisation have signed a memorandum of strategic partnership. Its aim is to jointly develop and introduce digital solutions on Uzbekistan’s financial market.
The document was signed by Maksadjon Mukhitdinov, First Deputy Chairman of the HUMO Management Board, and Avaz Mutalov, CEO of Multicard. The agreement lays the foundation for long-term cooperation between two players in the national payment market.
Key areas of cooperation
The parties plan the following initiatives:
- fintech innovation: developing and introducing joint projects in financial technology;
- digital transformation: improving business processes, data analytics and IT infrastructure;
- marketing promotion: comprehensive marketing and information campaigns.
Rahmat in HUMO products
The memorandum provides for the full integration of the Rahmat payment ecosystem into the HUMO product line. This includes the Rahmat unified QR code for online and offline payments and Rahmat POS solutions for retail and service businesses of all sizes.
The memorandum between HUMO and Rahmat aims to make digital financial services more accessible, secure and high-quality for people and businesses across the country.