The share of cashless payments using cards increased from 38.4% in Q1 2017 to 44.4% in Q1 2018, the National Bank of Ukraine (NBU) has reported on its website.
The volume of cashless transactions in Internet using mobile banking applications and e-commerce grew by 66.5%, to UAH 272.571 billion, and the number of these transactions by 34.1%, to 673 million.
The central bank said that payments in the Internet had the lion’s share of total cashless transactions – 35.9% (40.7% of the total number of transactions). The share of transactions in retail chains was 29.6% (50.6%), that for transactions to transfer money from one card to another – 26.9% (6.7%) and that for transactions using self-service machines (SSMs) – 8% (2%).
Ukrainians carried out 193 million transactions to withdraw cash for UAH 341.513 billion in Q1 2018.
The NBU said that the total number of payment cards over the period grew by 3.12%, to 59.9 million, including 34.762 million actively used cards (at least one transaction in the past three months).
As of January 1, 2018, a total of 77 banks members of the card payment systems worked in Ukraine (eight less than a year ago).
