The National Bank of Ukraine (NBU) says the indicators of the number and volume of transactions using payment cards issued by Ukrainian banks increased by 28% each in the first half of 2019 (H1) year-over-year (y-o-y), to 2.352 billion and UAH 1.667 trillion (US$66.6 billion), respectively.
The share of cashless transactions with the use of payment cards has grown by 4.3 percentage points to 49.4% since the beginning of the year, the regulator said on its website on August 22.
Cashless payments in the trading network account for 51%, the largest share in terms of the number of transactions. The card-to-card transfers dominate in terms of volume of transactions with a 40.5% share, the report said.
The number of payment cards in Ukraine was 63.2 million as of July 1, while active payment cards accounted for 60%.
Moreover, cashless transactions using contactless and tokenized cards account for almost a third of the total number and volume of cashless transactions via POS terminals, i.e. 30% and 29%, respectively.
The number of contactless payment cards has increased by 36% since the beginning of the year, to 5.3 million pieces, the NBU said.
UNIAN memo. In 2018, Ukrainian banks' cardholders carried out 3.9 billion transactions, which was 26.7% up from 2017. The volume of such payments increased by 35.4% to UAH 2.877 trillion ($114.9 billion).
