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
20. 04. 21
CARD TO CARD MONEY TRANSFER SERVICE FOR 50 COUNTRIES
Online сross border P2P money transfers for Visa and Mastercard cards that allow to send money quickly, securely, and simply
CARD TO CARD MONEY TRANSFER  SERVICE FOR 50 COUNTRIES user/common.seoImage
22. 03. 21
UPC LAUNCHES A NEW SITE
Updated upc.ua is already available for visitors
UPC LAUNCHES A NEW SITE user/common.seoImage
12. 02. 21
UPC RECEIVED THE PAYSPACE MAGAZINE 2020 AWARD
Processing Center was awarded as one of the best processing centers in Ukraine
UPC RECEIVED THE PAYSPACE  MAGAZINE 2020 AWARD user/common.seoImage
Contact us

Address 9 Stepana Bandery Ave., bld 5A, p.o box 65, Kyiv, 04073, Ukraine