Thursday, November 21
Ukraine is moving fast from cash to cards,
Thursday, February 13, 2020
Ukraine is moving fast from cash to cards, reports the National Bank of Ukraine. In the last year, the number of card operations increased by 29%, to 5 billion, and by 24% in volume, to the hryvnia equivalent of $146 billion. Moving from ATM cards to payment cards, Ukrainians used 42 million cards to pay for $74 billion in goods and services. For reference, Ukraine’s official GDP last year was $150 billion.