18:09, 3 April 2009 Page views 284 views

Total Number of Cards in Ukraine Reduced by 40%

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According to estimations of Alexander Karpov, the Director of Ukrainian Interbank Payment Systems Member Association (EMA), the total number of payment cards in Ukraine reduced from 67 million to 40 million (by 40.2%) during Q1 of 2009. Mr. Karpov said that such significant reduction is explained by new methodology of cards’ recording.

For example, before 2009, banks counted all issued cards, but now statistic is only for active cards, which number reduced in Q1 of 2009.

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