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Plastic cards gain popularity in Kazakhstan

Finance Materials 28 April 2021 16:19 (UTC +04:00)

BAKU, Azerbaijan, Apr. 28

By Nargiz Sadikhova - Trend:

The number of plastic cards in circulation amounted to 51.5 million cards as of Apr. 1, 2021, in Kazakhstan, which is 43.8 percent more than as of Apr. 1, 2020 (35.7 million cards), Trend reports with reference to Kazakhstan’s National Bank.

Of the total number of cards in circulation, 37.8 million cards were debit cards, 12.1 million cards were credit cards, and 1.5 million were other types of cards.

Furthermore, of the total number of cards in circulation, 27.5 million were used over as of Apr. 1, 2021, compared to 20.6 million cards last year, which indicates a 33 percent increase year-on-year.

The largest number of debit cards in circulation was registered in Almaty city (11.1 million cards). Almaty city is followed by Nur-Sultan city (3.3 million cards) and Shymkent city (2.3 million cards).

In turn, the greatest number of credit cards also was registered in Almaty city (3.3 million cards), which also is followed by Shymkent (1.2 million cards) and Nur-Sultan city (1.1 million cards).

Some 40.2 million cardholders were registered in Kazakhstan as of Apr. 1, 2021, which indicates an increase of 27.8 percent year-on-year compared to 31.3 million on Apr. 1, 2020.

The total number of payment systems operating in Kazakhstan is 17, including those of the National Bank, systems of money transfers, and systems of plastic cards.

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Follow the author on Twitter: @nargiz_sadikh

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