The total value of cashless transactions from January to September 2024 increased by 3.5%, or by 104.84 billion UAH compared to the same period last year, reaching 3 trillion 105 billion UAH. Meanwhile, the number of transactions during this time rose by 8.9% to 6.04 billion transactions, according to data from the National Bank of Ukraine (NBU).
It is noted that the overall volume of card transactions, including cash withdrawals, for the first nine months of this year amounted to 4 trillion 791 billion UAH, which is 4.5% higher than the figure for the same period last year, while the number of transactions increased by 7.7% to 6.4 billion transactions.
Thus, over 94.5% of all payment card transactions in the first nine months of this year were cashless, and their share in the total transaction volume accounted for 64.8%.
An analysis of the distribution of cashless transactions by type indicates that in the first nine months of this year, the majority of transactions using cards, both in terms of quantity and value, occurred in retail and service networks—4.44 billion transactions totaling 1 trillion 433 billion UAH. This corresponds to shares of 73.6% and 46.2% of all cashless transactions during this period. The average transaction amount increased by 3 UAH from 2023 to reach 322 UAH.
According to NBU statistics, the most popular transactions, following payments using terminals, were online payments for goods and services: their number amounted to 810 million transactions (13.4% of the total volume), while the total value was 448.3 billion UAH (14.4%). The average transaction amount increased by 74 UAH from 2023 to reach 553 UAH.
The third most popular category of cashless payments was card-to-card transfers: their number during the reporting period reached 500.3 million transactions (8.3%), with a total value of 988.6 billion UAH (31.8%). At the same time, the average transaction amount decreased by 10 UAH from 2023 to 1976 UAH.