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Turkmenistan discloses data on total volume of non-cash payments

Turkmenistan Materials 31 March 2023 15:56 (UTC +04:00)
Khayal Khatamzadeh
Khayal Khatamzadeh
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BAKU, Azerbaijan, March 31. The total volume of non-cash payments in Turkmenistan under the "Digital Commerce" system in January 2023 amounted to 64.6 million Turkmen manats ($19.2 million), Trend reports with reference to the Central Bank of Turkmenistan.

During the specified period, the total amount of payments through the "Mobile Bank" system amounted to 1.05 million Turkmen manats ($313,000), and through the "Internet Bank" system - 114,500 Turkmen manats ($34,128).

Furthermore, in the specified month, the total non-cash turnover on bank cards in Turkmenistan amounted to 1.05 billion Turkmen manats ($312.9 million).

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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