Connectivity
One integration to local card and account rails.
Connect with supported receiving methods through QAND’s API, with local access provided by participating financial institutions.
The QAND platform
Local payment rails through one integration.
QAND provides API connectivity and payment orchestration connecting international financial institutions with licensed local payout partners in Uzbekistan, with further CIS corridors planned.
Four capabilities. One connected workflow.
Orchestration
Routing, quotes and payout status in real time.
QAND coordinates instructions, partner quotes and status, keeping the institutional workflow connected.
Settlement
Net settlement in major international currencies (USD, EUR, AED) between licensed partners.
Licensed partners handle settlement and FX under their agreements.
Compliance
Support for partners’ KYC/AML and sanctions screening, plus corridor intelligence.
Secure information exchange and corridor intelligence support the licensed partners’ own controls and decisions.
From institution to receiving partner.
Your institution sends a payout request through QAND. QAND coordinates the instruction and partner response. The licensed receiving institution credits the beneficiary’s eligible card or account.
Payment instructionsBeneficiary credit by the licensed local bank Security controls
- 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
Originating licensed financial institutionLicensed local bank
Receiving methods that fit the local market.
In Uzbekistan, QAND supports instant UZS payouts to eligible Humo, Uzcard and Visa cards through licensed local partners. Account payouts are supported where available under the relevant arrangements.
Humo
Instant UZS card payouts.
Uzcard
Instant UZS card payouts.
Visa
Instant UZS payouts to eligible cards.
Accounts
Where supported under the relevant arrangements.
From a payment request to local use.
In this illustrative journey, a sender uses their own financial institution. A licensed receiving partner credits an eligible local card in UZS, and the beneficiary uses the account through their local provider.
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.
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.