ASHGABAT, Turkmenistan, February 19. The total volume of cashless transactions made through bank cards in Turkmenistan in 2024 exceeded 21.3 billion manat ($6 billion), Trend reports, citing Central Bank of Turkmenistan.
Payments made through terminals during this period amounted to 18.9 billion manat ($5.4 billion).
In 2024, payments made through the e-commerce system totaled more than 1.6 billion manat ($464 million), while those through the Mobile Bank system surpassed 19.6 million manat ($5.6 million)
The total amount of cashless payments made through ATMs exceeded 509.9 million manat ($145 million) and payments via the Internet Bank system reached over 3.1 million manat ($874,000). The report also revealed that over 266.1 million manat ($75.7 million) in cashless payments were processed through the Halkbank terminal.
Meanwhile, the volume of cashless transactions conducted through modern banking services amounted to 4.2 million manat ($1.2 million) in 2013. By 2023, this figure had exceeded 17.4 billion manat ($4.8 billion), demonstrating a remarkable increase in digital payments over the past decade. And as we can see, these figures have continued to grow steadily in 2024, indicating a sustained upward trend in cashless transactions.
If this trend continues, Turkmenistan could see even greater financial inclusion and efficiency in its payment infrastructure in the coming years.
