BAKU, Azerbaijan, Aug. 29
By Nargiz Sadikhova - Trend:
A total of 4.1 million transfers worth 57 trillion tenge ($136.1 billion) were made via services of Kazakhstan National Bank's payment systems in July 2020, Trend reports with reference to the data of the bank.
This is 11.2 percent more in volume and 15.5 percent less in value compared to June 2020.
On average, 198,600 transactions worth 2.9 trillion tenge ($6.9 billion) were carried out daily.
The volume of plastic cards issued in Kazakhstan amounted to 41.3 million cards as of Aug. 1, 2020, and 59.8 percent on them were used in July 2020.
The volume of transactions via plastic cards of Kazakh issuers amounted to 269.1 million transactions worth 4.4 trillion tenge ($10.5 billion) in July 2020, which means an increase by 5.7 percent in volume and by 2.5 percent in value compared to June 2020.
In turn, the share of non-cash payments in total structure of operations via plastic cards of Kazakh issuers amounted to 91 percent in July 2020 compared to 89.8 percent in volume, and to 68.4 percent compared to 65.3 percent by value in June 2020.
Furthermore, the total volume of funds sent via international systems of money transfers amounted to 0.2 million transfers worth 70.2 billion ($167.6 million) in July 2020, which is 37.8 percent less in value compared to June 2020.
Out of the total volume of transfers, 79.8 percent (0.2 million) of total volume or 94.1 percent of total value (66.1 billion tenge or $157.8 million) accounted for transfers from Kazakhstan to other countries.
Some 20.2 percent of total volume (0.05 million) and 5.9 percent of total value (4.1 billion tenge or $9.7 million) accounted for transfers in Kazakhstan. The remaining 0.1 million transfers worth 25.6 billion tenge ($61.1 million) accounted for transfers from other countries to Kazakhstan.
---
Follow the author on twitter: @nargiz_sadikh
