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Turkmenistan unveils total volume of non-cash payments

Turkmenistan Materials 2 March 2023 17:49 (UTC +04:00)
Turkmenistan unveils total volume of non-cash payments
Khayal Khatamzadeh
Khayal Khatamzadeh
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BAKU, Azerbaijan, March 2. The total volume of non-cash payments in Turkmenistan under the "Digital Commerce" system for 2022 amounted to 622.8 million Turkmen manats ($178.2 million), Trend reports citing the Business Turkmenistan news agency.

During the specified period, the total amount of payments through the "Mobile Bank" system amounted to 13.8 million Turkmen manats ($3.9 million), and through the "Internet Bank" system - 1,6 million Turkmen manats ($457,900).

During the reporting period, the total non-cash turnover on bank cards in Turkmenistan amounted to 14.74 billion Turkmen manats ($4.22 billion).

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.

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