Ukrainian
Processing
Center
09. 07. 19
Ukrainian Payment card market in first half of 2019
Ukrainian Payment card market in first half of 2019 user/common.seoImage

Card payments

In the first half 2019, the share of purchases by cards at POS-terminals of the volume of transactions increased by 58,2% of all financial transactions by cards of UPC’s bank-clients .
For example, In the first half 2019 this indicator equals 57,1%. The total number of purchases by card increased by 36,6% and was 4,5 transactions per month for one active card Also,it was increased the share of purchases by cards by 26,8% of volume transactions comparing with the same period in 2018. The average amount of the check was 641 UAH.
It is worth mentioning that 44% of all purchases by cards at POS-terminals are contactless, because it is very convenient and fast. Their number increased by 73% and the volume shown double growth.

ATM transactions

Cash withdrawal operations rank second in popularity. In the first quarter of 2019, theshare in the number of transactions reached 29.8( ATM—28,4%, at POS – 1,4%) of all financial transactions. The number of such transactions increased by 19,8% and the avarage check equals 2 800 UAH. The number of cash withdraw in a bank increased by 25,4% and the volume of transactions rising by 28,1%.

Internet payments

In current year, comparing with the same period of 2018, the number of Internet transactions rising by 39,3% and their volumes increased by 21,0%. Average check amount equals 482 UAH.
The share of online-purchases and their volumes increased by 9,3% of all financial transactions.

Online card-to-card transfers

This payments shown 2.6 times growth.
The share of money transfers in 2019 obtained 2,8%. In the first half of 2019 such transfers growth 2,7 with average check 2 100 UAH.

Over the six month of 2019 dynamics of payment card market continues to show positive growth in all directions.

Other News
02. 09. 24
Launch of the First Open Banking Platform by UPC
UPC (Ukrainian Processing Center), a recognized leader in the Ukrainian financial market, officially announces the launch of Ukraine's first Open Banking platform, which opens new opportunities for users and partners.
Launch of the First Open Banking Platform by UPC user/common.seoImage
06. 08. 24
Introduction of Primary Account Reference (PAR) Processing on POS Terminals with Servus Systems Integration LLC
The Ukrainian Processing Center, in collaboration with Servus Systems Integration LLC, announces the successful completion of the project for implementing Primary Account Reference (PAR) processing on Verifone X990 POS terminals.
Introduction of Primary Account Reference (PAR) Processing on POS Terminals with Servus Systems Integration LLC user/common.seoImage
04. 06. 24
UPC Introduces OpenBanking as a Service for Banks in Ukraine
The company UPC is introducing the OpenBanking service (OpenBanking-As-a-Service) - a structured and secure data exchange between payment service providers and a technological payment service operator through open APIs.
UPC Introduces OpenBanking as a Service for Banks in Ukraine user/common.seoImage
Contact us

Address Str. Gareth Jones 8, build B-11, POB 65, Kyiv, 04119, Ukraine

Usage of Cookies.
By clicking "Agree", you enable us to continuously improve our website and create personalized advertisements.
Under "Individual settings" you will find detailed information, can allow or object to processing or withdraw your consent.
Data-Protection Information.