REUTERS
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 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.
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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).