Non-cash payments in Kazakhstan's Almaty region triple

Finance Materials 14 March 2019 16:53 (UTC +04:00)

Baku, Azerbaijan, Mar. 14

By Rashid Shirinov – Trend:

Non-cash payments by card in Kazakhstan amounted to 611.5 billion tenge in January 2019, which is a double year-on-year growth, but a decrease of 11 percent compared to the beginning of this year, Trend reports via Kazakh media.

In January, non-cash payments fell in almost all regions of Kazakhstan, except for the Almaty (3.2 times up compared to the beginning of this year), West Kazakhstan (2.9 times up) and Turkistan regions.

As much as 53 percent of cashless payments by card accounted for payment on the Internet, while 40 percent accounted for payment through POS terminals.

As of February 1, there are 23.7 million payment cards in circulation in Kazakhstan, and the number of holders of these cards is 19.5 million people (21.8 percent and 13.8 percent up year-on-year, respectively).

It should be noted that last year, non-cash payments in the country amounted to 5.47 billion tenge, of which 3.51 billion tenge (64.1 percent) accounted for Almaty.

(377.74 KZT = 1 USD on Mar. 14)


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