2024-02-02
103
1 minutes.


Record growth: in 2023, Ukrainians used PrivatBank terminals to pay for almost 3 billion purchases worth UAH 780 billion

In 2023, Ukrainians began to more actively use non-cash payment methods and pay for purchases using bank cards and gadgets. Over the past year, about 3 billion purchases were paid through the PrivatBank network of trading terminals for a total of UAH 780 billion, which exceeds the 2022 figures by more than 40% (UAH 550 billion).

Statistics of payment for purchases in Ukraine

Growth in the number of merchants

At the same time, Ukrainian business is actively expanding the network of non-cash payment acceptance . The number of merchants accepting cards through PrivatBank terminals increased by 38% and reached 182 thousand. The total number of PrivatBank terminals in the retail network is more than 288 thousand, which is 30% higher than in 2022.

Record growth in 2023 Ukrainians used PrivatBank terminals to pay for almost 3 billion purchases worth UAH 780 billion

Main category of expenses

In 2023, Ukrainians spent the most on food, the amount of which amounted to more than 350 billion UAH. However, the share of food expenses in the total volume of non-cash payments decreased from 48% to 45% over the year.

Variety of non-cash expenses

The share of expenses for the purchase of medicines and health products in 2023 was 8.5%. In third place in terms of volume are expenditures on clothing and footwear, which amounted to 8.1% of the total. This is followed by household goods (7.2%) and payments at catering establishments (7%).

Among other expenses that Ukrainians paid non-cash are electronics and household appliances (5%), fuel (4.2%), transport (1.5%), vacation (1. 4%) and accessories (1.2%).

Every day, bank card holders pay for about 8 million purchases through the network of PrivatBank POS terminals.

Answers to questions

What statistics did PrivatBank share?

PrivatBank shared interesting statistics about paying for purchases by non-cash method. Ukrainians began to pay more for goods and services using bank cards and gadgets. Over the past year, Ukrainians paid for almost 3 billion purchases worth UAH 780 billion through the network of PrivatBank trading terminals. This is more than 40% more than the results of the previous year."

How is the network of non-cash payment acceptance expanding in Ukraine?

Ukrainian business is actively expanding the network of non-cash payment acceptance.The number of merchants accepting cards through PrivatBank terminals increased by 38% to 182 thousand. In total, more than 288 thousand are now working in the trading network . PrivatBank terminals, which is 30% more than in the previous year.

What do Ukrainians spend the most money on during payment by non-cash method?

In 2023, Ukrainians spent the most money on purchasing food products - more than UAH 350 billion.At the same time, the share of expenses for food in the total volume of non-cash payments by Ukrainians for year decreased from 48 to 45%.

Additional information

  • PrivatBank is a Ukrainian bank that provides a wide range of financial services.
  • Ukraine is a country in Eastern Europe, a sovereign state.
  • Goods and services - various products and works offered in the market.
  • Terminals are electronic devices that allow non-cash payments.

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Copywriter Elbuz
Brief description
Ukrainians are increasingly paying for purchases non-cash, and new statistics from PrivatBank confirm this. Almost 3 billion purchases worth about UAH 780 billion were made through the bank’s terminals in 2023, which is 40% more than a year earlier.
Article Target
Inform readers about the growth of non-cash payments in Ukraine and the activity of using PrivatBank terminals
Style
Information style
Target audience
Ukrainians interested in news about financial technologies and modern payment methods


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Ukrainians are increasingly paying for purchases non-cash, and new statistics from PrivatBank confirm this. Almost 3 billion purchases worth about UAH 780 billion were made through the bank’s terminals in 2023, which is 40% more than a year earlier.


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