Central bank digital currencies (CBDCs) have largely existed in the virtual realm, with transactions initiated primarily through web and mobile interfaces. However, a significant shift has occurred with the launch of Eurasia’s first CBDC cards in Kazakhstan, providing 20 million consumers with a new, tangible way to manage CBDC funds. The first CBDC card transaction in Eurasia was successfully made on 15 November 2023. It was a contactless payment on POS using a card issued by Eurasian Bank JSC on the Way4 digital payments software system. This marked a milestone in the region’s digital currency journey. Today, just six months…
Author: Rudy Gunawan, Managing Director of OpenWay Asia
Author
Rudy Gunawan, Managing Director of OpenWay Asia
Rudy has been active in the payment industry for 20 years, serving as a consultant to businesses in the Middle East and Asia Pacific. In his current leadership role at OpenWay, he oversees the company's operations in Asia while promoting the board's stategic initiatives. Rudy, who started his career as a process and technology consultant, is focused on people, innovation and corporate strategy. His passion is converting technology and ideas into better, everyday use.
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