...

Turkmenistan discloses amount of non-cash payments under 'Digital Commerce' system

Finance Materials 28 June 2023 09:11 (UTC +04:00)
Khayal Khatamzadeh
Khayal Khatamzadeh
Read more

BAKU, Azerbaijan, June 28. The total volume of non-cash payments in Turkmenistan under the 'Digital Commerce' system from January through April 2023 amounted to 327.74 million Turkmen manats ($93.5 million), Trend reports with reference to the Central Bank of Turkmenistan.

During the specified period, the total amount of payments through the 'Mobile Bank' system amounted to 5.56 million Turkmen manats ($1.58 million), and through the 'Internet Bank' system - 939,790 Turkmen manats ($268,230).

Furthermore, in the specified month, the total non-cash turnover via bank cards in Turkmenistan amounted to 1.05 billion Turkmen manats ($312.9 million).

Turkmenistan's financial sector is constantly expanding. In particular, mobile applications are being introduced to pay for various services and goods, the number of transactions is increasing, and payment methods through bank terminals are being offered.

Tags:
Latest

Latest