MegaPay review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

MegaPay suits adults in Kyrgyzstan who already hold a verified MegaPay account and want a fixed rate personal loan credited straight to a virtual card. The catch is cost: 20.75% runs well above the 12% median across the site, and borrowing needs an in person identity check.

Key facts

Best for
A fixed rate personal loan for existing MegaPay account holders in Kyrgyzstan.
APR
20.75% (Source, checked September 26, 2026)
Loan amount
KGS 5,000 to KGS 200,000 (Source, checked September 26, 2026)
Term
3 to 36 months (Source, checked September 26, 2026)
Rate type
Fixed (Source, checked September 26, 2026)
Lender type
Broker (Source, checked September 26, 2026)
Eligibility
One-time identity verification at a MEGA office, then application in the MegaPay app; decision made by Eldik Bank; loan credited to the MegaPay virtual card (Source, checked September 26, 2026)
Loan types
Personal (Source, checked September 26, 2026)
Legal entity
OsOO Kyrgyzmobilecompany (LLC Kyrgyzmobilecompany) (Source, checked September 26, 2026)
Headquarters
Kyrgyzstan (Source, checked September 26, 2026)
Founded
2011 (Source, checked September 26, 2026)
Support channels
Phone, Email, Chat, Help-centre (Source, checked September 26, 2026)
Pricing model
Fixed rate
Official website
megapay.kg

Apps and profiles

Get the app
Google Play

Pros and cons

Pros

  • 20.75% is a fixed rate, so repayments do not shift with the market
  • Borrowing runs KGS 5,000 to KGS 200,000 with terms of 3 to 36 at a fixed rate
  • Support runs on phone, email and chat, so phone, email, chat and a help centre are listed
  • The credit decision comes from Eldik Bank rather than a single in house model

Cons

  • 20.75% sits above the 12% median APR across the site
  • Eligibility needs a single identity verification at a MEGA office, not just the app
  • A KGS 5,000 to KGS 200,000 cap suits smaller needs rather than a large consolidation
MegaPay

Ready to try MegaPay?

Scored 8.7 / 10 by BorrowCue.

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Who it suits

  • Adults in Kyrgyzstan who already hold a verified MegaPay account and want the loan on their virtual card
  • Borrowers who want a fixed rate and a monthly figure that holds for the whole term
  • People who can reach a MEGA office for identity verification before applying in the app

Who should look elsewhere

  • Anyone who wants the cheapest rate on the site, since 20.75% sits above the 12% median
  • Borrowers who need a large sum for debt consolidation, because KGS 5,000 to KGS 200,000 is the listed ceiling
  • People who cannot attend a MEGA office, since the identity verification for eligibility happens there

How MegaPay compares

Where MegaPay is available

Available
Kyrgyzstan
Licence in Kyrgyzstan
National Bank of the Kyrgyz Republic (NBKR) (033), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What rate does MegaPay charge on a personal loan?+

The listed rate is a 20.75% fixed rate on a personal loan. That figure sits above the 12% median APR across the site, so cost is the main thing to weigh. The rate holds for the whole term, which keeps repayments predictable.

How much can I borrow and for how long?+

Loan amounts run KGS 5,000 to KGS 200,000, with terms of 3 to 36. That range suits smaller personal needs rather than a large debt consolidation. You are left with a fixed rate that holds for the whole period.

Who actually decides the loan?+

MegaPay works as a broker, and the decision is made by Eldik Bank. The application is made in the MegaPay app, but the credit decision sits with the bank rather than the app operator.

How is the money paid out?+

The loan is credited to your MegaPay virtual card, so the money lands in the account you already hold. There is no separate payout step described beyond that credit to the card.

Is the provider regulated?+

The listing carries a licence from the National Bank of the Kyrgyz Republic (NBKR), with the licence number given as 033. That is the regulator named for the Kyrgyzstan market.

What do I need before applying?+

Eligibility asks for a single identity verification at a MEGA office, then an application in the MegaPay app. That means a visit before the app stage, which suits people who can get to a MEGA office.

How can I get help?+

Support runs on phone, email and chat, so phone, email, chat and a help centre are all listed. A live chat option sits alongside the self service help centre, and phone contact is there too.

Who runs the company behind MegaPay?+

The legal entity is OsOO Kyrgyzmobilecompany (LLC Kyrgyzmobilecompany), and the business is based in Kyrgyzstan. It was founded in 2011, so it is an established operator rather than a new entrant to the market.

Sources

  • megapay.kg checked September 26, 2026

    Backs: Support channels

    “+996555500000, +996999500000 (wa.me), *500, megapay@megacom.kg; FAQ page”

  • megapay.kg/about checked September 26, 2026

    Backs: Founded, Headquarters, Legal entity, Licences

  • megapay.kg/news/26 checked September 26, 2026

    Backs: Loan amount, APR, Eligibility, Lender type, Loan types, Pricing model, Rate type, Term

Compiled from 3 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Arrangement fee, Credit check, Funding time, Representative example.

Related by the facts

MegaPay

MegaPay

A fixed rate personal loan for existing MegaPay account holders in Kyrgyzstan.

8.7/10See alternatives

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