Ukrainians are switching to cashless payments at a record rate

Cashless payments in Ukraine continue to break records. In the first nine months of 2025, Ukrainians made more than 7.069 billion transactions with payment cards worth UAH 5.217 trillion, most of which took place without using cash. This was reported by the National Bank of Ukraine.According to the NBU, 95.4% of all transactions and 65.4% of their total value were cashless. This indicates that Ukrainians are using ATMs less and less, preferring cards, smartphones and online services. Compared to the same period last year, the number of cashless transactions increased by almost 12%, and their amount by 10%.

Payments in stores and service establishments remain the most popular - more than half of the total amount of cashless payments (50.7%) and three quarters of their number (74.4%). Almost a third of the turnover is accounted for by card-to-card transfers, although in terms of volume they account for only 7.3% of all transactions. Online payments for goods and services form 16.1% of the total payments. The average amount of a purchase in a retail network is UAH 345, transfers between cards are UAH 1,847, and online purchases are UAH 598.The market infrastructure is also actively developing: the number of POS terminals increased by 10.5% to 548.7 thousand, and the number of retail establishments accepting cards has increased to 592.5 thousand (+14.3%). At the same time, there are slightly fewer ATMs - 15.6 thousand, which indicates a decrease in demand for cash.

Technological solutions are gaining popularity: almost 60% of active cards are contactless, and tokenized cards for smartphones and gadgets have increased to 18.6 million (+13%). Every third active card in Ukraine is now digital. Physical card reading through a terminal accounts for only 1.8% of transactions by volume and 2.5% by value, while fast contactless payments via phone, watch or NFC card prevail.According to Mastercard research, 72% of Ukrainian entrepreneurs receive their main income through non-cash payments, and two-thirds of them plan to scale their business.

 

Source: https://finteco.com.ua/article/27409-ukraintsi-aktyvnishe-perekhodiat-na-bezghotivkovi-rozrakhunky-kartky-smartfony-ta-onlayn-servisy-populiarni/