🏦 Banking & Payments
Most Money
A Mongolian digital wallet and mobile payment app used for everyday transfers, bill payments, and QR code purchases. About Most Money: Most Money is a Mongolian mobile financial services app offering digital wallet functionality for everyday payments, money transfers, and bill payments, aimed at providing convenient cashless payment options across Ulaanbaatar and other Mongolian cities. Key Features: QR Code Payments: Pay at supported merchants by scanning a QR code. Money Transfers: Send funds to other Most Money users or linked bank accounts. Bill Payments: Pay utility and other recurring bills directly within the app. Mobile Top-Up: Add credit to mobile phone accounts directly through the app. How to Get Started: Download the Most Money app and register with your phone number. Complete any required identity verification for full features. Add funds via bank transfer or a linked card. Use the app for QR payments, transfers, and bill payments. Important Notice: As with other Mongolian fintech apps, full functionality and higher transaction limits generally require identity verification with a Mongolian ID — check requirements if you're a foreign resident.
Khan Bank
Mongolia's largest bank by customer base, offering a full range of banking services alongside a widely used mobile banking app. About Khan Bank: Khan Bank is Mongolia's leading bank by number of customers and branch network, serving both urban and rural areas across the country, with a mobile app supporting transfers, bill payments, and account management. Key Features: Extensive Branch Network: The widest branch and ATM network in Mongolia, including many rural locations. Khan Bank App: Mobile banking for transfers, bill payments, and account management. QR and Card Payments: Support for both QR-code payments and traditional card transactions. Cross-Border Payment Partnerships: Growing integration with international payment networks for foreign visitors. How to Get Started: Visit a Khan Bank branch with your ID (and passport/visa documentation if a foreign national) to open an account. Download the Khan Bank mobile app and register it to your new account. Set up your PIN or biometric login for daily use. Use the app for transfers, bill payments, and checking your balance. Important Notice: Opening a Mongolian bank account as a foreign resident typically requires an in-person branch visit with your passport and residence documentation — requirements can vary, so it's worth calling ahead to confirm what to bring.
SocialPay / Golomt
A leading Mongolian mobile payment app from Golomt Bank, one of the country's largest banks, used for QR payments, transfers, and bill payments. About SocialPay / Golomt: SocialPay is a mobile payment app developed by Golomt Bank, one of Mongolia's largest commercial banks, letting users pay via QR code, transfer money, and pay bills, and increasingly integrated with international payment networks like Alipay+ for cross-border compatibility. Key Features: QR Code Payments: Pay at a wide network of merchants across Ulaanbaatar and other cities by scanning a QR code. Bank Integration: Directly linked to Golomt Bank accounts for seamless transfers and payments. Bill Payments: Pay utility bills and other recurring payments directly within the app. Cross-Border Compatibility: Growing integration with international mobile payment networks for travelers. How to Get Started: Open a Golomt Bank account or link an existing account to activate SocialPay. Download the SocialPay app and complete registration with your ID. Add funds or link your bank account for payments and transfers. Use QR code payment at supported merchants or transfer money to contacts. Important Notice: Full functionality generally requires a Golomt Bank account, which in turn requires appropriate documentation for foreign residents — check with a branch about requirements if you're new to Mongolia.