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Ukrainians boost online payments by 69% in Q4 2017 – National Bank

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The volume of non-cash transactions processed online using mobile banking and e-commerce in Ukraine in the last quarter of 2017 stood at $3.88 billion, meaning it grew by 69.1% against the same period, Interfax-Ukraine reports. 
According to the message published on the official website of the National Bank of Ukraine, the number of such transactions rose by 28.9%, as they amounted to 275.8 million units.

The total volume of non-cash transactions in 2017 was up by 46.16%, to $30.6 billion. Particularly, 38.8% of the total volume were transactions in the Internet, 31.9% were payments in trade networks, 26.4% transfers from card to card, and 2.9% transactions using self-service devices.
The total number of non-cash transactions last year increased by 30.2%, to 2.311 billion. In particular, 50.6% in the total number of payments were made in trade networks, 41% in the Internet, 6.1% were transfers between cards, and 2.3% transactions using self-service devices.
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