ASTANA, Kazakhstan, December 28. The volume of transactions using payment cards of Kazakh issuers amounted to 15.3 trillion tenge (about $33.7 billion), the number of transactions was 1.02 billion in November 2023, Trend reports.
Data from Kazakhstan's National Bank shows that compared to the same period in 2022, the number of non-cash transactions increased by 26.4 percent and reached 999.1 million transactions, the volume increased by 30.2 percent, reaching 13.3 trillion tenge (about $29.3 billion).
At the same time, payment cardholders carried out 19.7 million transactions to withdraw cash in the amount of 2 trillion tenge (about $4.4 billion). There is a decrease in the number of cash withdrawal transactions compared to November 2022 by 0.6 percent, an increase in the volume of transactions - by 13.3 percent.
Moreover, the main share of non-cash transactions in Kazakhstan was made through the Internet/mobile banking (81.3 percent of the total number of transactions and 90.6 percent of the total volume of non-cash payments and money transfers) and POS terminals (18.7 percent and 9.2 percent of total number and volume of non-cash payments and money transfers).
In addition, cash dispensing transactions were mainly carried out through ATMs (98.4 percent and 88.9 percent of the total number and volume of cash dispensing transactions).
Furthermore, as of December 1, 2023, Kazakhstan had 74.1 million payment cards in circulation. Debit cards are the most common, accounting for 80.7 percent, while credit cards account for 16.5 percent. 2.8 percent of debit cards with credit limits and prepaid cards were used.
Kazakhstan had 64.353 million payment cards in circulation as of December 1, 2022.