Kazakhstan sees decrease in non-cash payments in January

Business Materials 28 February 2022 10:05 (UTC +04:00)
Kazakhstan sees decrease in non-cash payments in January

BAKU, Azerbaijan, February 28

By Nargiz Sadikhova - Trend:

A total of 4.2 million transfers worth 52.5 trillion tenge ($121.5 billion) were made via services of Kazakhstan National Bank's payment systems in January 2022, Trend reports with reference to the data of the bank.

This is 29.7 percent less in volume and 30.5 percent less in value compared to December 2021. On average, 232,500 transactions worth 3.5 trillion tenge ($2.9 billion) were carried out daily.

The volume of plastic cards issued in Kazakhstan amounted to 57.9 million cards as of February 1, 2022, and 47.9 percent of them were used in January 2022.

The volume of transactions via plastic cards of Kazakh issuers amounted to 456.4 million transactions worth 6.7 trillion tenge ($15.5 billion) in January 2022, which means a decrease of 31.5 percent in volume and by 34.4 percent in value, compared to December 2021.

The share of non-cash payments using cars of Kazakh banks has amounted to 96.1 percent (438,500 payments) in overall non-cash payments volume, and 80,8 percent (5.4 trillion tenge or $12.5 billion) in non-cash payments value.


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