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13-08-10
Ukraine: the volume of payment cards transactions grew by 25%

According to the National Bank of Ukraine (NBU) the sum of cards transactions in Ukraine in January-June 2010 grew by 25% in comparison to the same period of 2009, despite the reduction of the total number of cards in circulation by 1.2% since the beginning of 2010.

The number of transactions made with cards issued by Ukrainian banks in the first half of 2010 increased by 13% up to 322.11 mln.

According to the NBU as of July 1, 2010 140 banks were the members of domestic or international payment systems, issuing and acquiring cards.

Cash withdrawal transactions still prevail in the structure of transactions – 93.6% of the total amount of cards transactions. The volume of cashless payments made with cards grew by 4.93 bln grivnas (624 mln US dollars), up to 12.6 bln grivnas (1.5 bln US dollars).

Kommersant Ukraine

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