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Kazakhstan reports increase in volume of non-cash transactions

Kazakhstan Materials 9 August 2022 12:30 (UTC +04:00)
Kazakhstan reports increase in volume of non-cash transactions
Aygun Maherramova
Aygun Maherramova
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BAKU, Azerbaijan, August 9. Kazakhstan reported a significant increase in volume of non-cash transactions in the first half of 2022, Trend reports with reference to the Association of Financiers of Kazakhstan (AFK).

The volume of non-cash transactions from January through June 2022 amounted to 43.9 trillion tenge ($92 billion), which is an increase of 48.3 percent compared to the corresponding period of last year (29.6 trillion tenge, or $62 billion).

The largest share of all non-cash payments in the country is made online - 83.2 percent.

However, in Kazakhstan the number of credit cards in circulation declined in the first half of this year compared to the same period of 2021 (14 million) - up to 11.3 million credit cards.

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