ASTANA, Kazakhstan, October 27. The main share of non-cash transactions in Kazakhstan in August was made through the Internet and mobile banking (81.8 percent of the total number of transactions and 90.6 percent of the total volume of non-cash payments and money transfers), Trend reports.
Data from Kazakhstan's National Bank shows that through POS terminals, the share of non-cash transactions amounted to 18.2 percent of the total number of transactions and 9.2 percent of the total volume of non-cash payments and money transfers.
Cash dispensing transactions were mainly carried out through ATMs (98.5 percent and 89.3 percent of the total number and volume of cash dispensing transactions).
The volume of transactions using payment cards of Kazakh issuers amounted to 14.9 trillion tenge (about $31.4 billion); the number of transactions was 1.03 billion in August 2023.
The volume of non-cash card transactions in 2022 reached 102.8 trillion tenge (about $217 billion), an increase of 42.3 percent compared to 2021. The number of transactions increased by 38 percent to 8.5 billion transactions.
Cash issuance operations increased by 5.3 percent, from 20.7 trillion (about $43.7 billion) to 21.8 trillion tenge (about $46 billion). Thus, the number of non-cash card transactions exceeded cash issuance by 4.7 times. In the total volume, the share of non-cash transactions amounted to 82.5 percent, compared to 77.7 percent for the same period in 2021.