ASTANA, Kazakhstan, April 5. The utilization of Visa International payment cards in Kazakhstan has almost tripled over the past 5 years, Trend reports.
The data from the Central Bank of Kazakhstan shows that as of January 1, 2024, 19.3 million Visa cards were used in Kazakhstan, while as of January 1, 2019, 6.7 million cards were used.
Dynamics of growth in the use of Visa cards from January 1, 2019, to January 1, 2024:
| Year | Quantity | Growth compared to 2019 (%) |
| 2019 | 6.74 million | - - - |
| 2020 | 6.88 million | + 2.1 percent |
| 2021 | 10.1 million | + 49.8 percent |
| 2022 | 12.68 million | + 88 percent |
| 2023 | 16.7 million | + 147.6 percent |
| 2024 |
19.37 million |
+ 187.2 percent |
Meanwhile, the number of Visa cards in circulation in Kazakhstan as of January 1, 2024, amounted to 37.5 million, which is 153.3 percent more than on January 1, 2019 (14.8 million).
Notably, as of January 1, 2024, Kazakhstan had 74.5 million payment cards in use. Debit cards account for 8.8 percent of all payment cards in the country, with credit cards accounting for 16.4 percent. Debit cards with credit limitations and prepaid cards comprise 2.8 percent of the total.