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.

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Dear customers and partners we would like to inform you that as of March 15, 2022, the Ukrainian Processing Center is working and performing its functions.
UPC's update on March 15, 2022 user/common.seoImage
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Dear customers and partners, We would like to inform you that the Ukrainian Processing Center and all services provided by UPC are currently available and operating in standard mode.
UPC works and provides full availability of services and systems user/common.seoImage
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