_475x360_1.png "UPC has completed the migration of its core services and systems to data centers located within the EU")
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.
The total number of transactions has increased by 25,7% comparing to the same period of 2020. The values of the operations have grown by 33,6%. A year ago similar figures were 12.2% and 10.2%, respectively.
Around 38,1% of payments were conducted online and were aimed at service purchases. The average receipt of the operations has grown by 32% comparing to the same period year prior.
The most often paid services were utility services, mobile replenishments, video game purchases.
Also, a lot of transactions were conducted in supermarkets, taxi or courier services etc.
POS-terminal purchases
In 2021, the share of POS-terminal purchases among all transactions reached a number of 63,3%, compared to 61,8% last year. The overall number of purchases increased by 28,2%, which is 12,3% more than the last year’s growth. Cardholders conducted 8,3 operations per card on average in 2021.The average receipt, however, dropped by 4%, reaching only 511 UAH.
It is worth mentioning, that 65,2% of all POS-terminal transactions are contactless. Comparing to 2020, the numbers and values gave increased by 44% and 46% respectively.
The growing popularity is most likely caused by the pandemic – no need for cash or even touching the terminal.
Cash withdrawals (ATMs and bank offices)
Cash withdrawal operations are second in numbers with 16,5% share in 2021(15,4% and 1,1% in ATMs and POS respectively) among all of the UPC client banks’ card operations.
The numbers of ATM withdrawals have dropped by only 0,4% with 2 monthly operations per card. However, the values increased by 13,2%.The average receipt grew by 14% compared to 2020.
Cash withdrawals in bank offices have decreased by 5,5% but grew in values with 30,2% gain.
Card-to-card transfers
Cardholders transfer money to other cards 68,6% this year compared to 2020. The values of such transactions increased by 105,6% with an average receipt amounting to 2721 UAH.
In 2021 payment card market continues to grow as more and more cardholders choose cashless operations, online purchases and P2P transfers.