DUSHANBE, Tajikistan, February 1. The number of electronic wallets in Tajikistan has skyrocketed by over 7 times between 2020 and 2024, Trend reports.
According to the data from the National Bank of Tajikistan, the number of e-wallets grew from 1.7 million in 2020 to over 12 million in 2024, which is an increase of 10.36 million wallets in just four years.
The most significant surge occurred between 2020 and 2021, when the number of e-wallets more than doubled, rising from 1.7 million to 3.5 million. The trend continued in 2022 (6.3 million wallets), with a 79.1 percent increase compared to the previous year. Although the growth rate slowed slightly, it remained strong, with 37.6 percent growth in 2023 (8.7 million wallets) and 38.7 percent in 2024.
In 2024, a total of 18.5 million cashless transactions were made through electronic wallets, amounting to 2.967 billion somoni ($271.4 million). Transaction volume increased 22.4 percent compared to 2023, and the value by 71.9 percent.
