Astana, Kazakhstan, Dec. 8
By Daniyar Mukhtarov - Trend:
The turnover on payment cards increased by 22 percent - to 688 billion tenge ($ 1 - 181.4 tenge) in Kazakhstan during the year, Ranking.kz. analytical service said.
The cash withdrawal volume increased by 26 percent, non-cash payments - by 1.4 percent from October 2013 to October 2014, the statement says.
During this period, Visa payment system significantly strengthened its position on the market of Kazakhstan. Around 82 percent (566 billion tenge) of the total monetary turnover on payment cards accounted for this international payment system in October 2014, the statement says.
Visa controlled 74 percent (415 billion tenge) of the relevant market in Kazakhstan a year ago.
edited by CN
