Kazakhstan Sees Surge In Mastercard Payment Card Usage
(MENAFN- AzerNews)
The number of MasterCard Worldwide payment cards in circulation
in Kazakhstan amounted to 11.8 million at the beginning of June
2024, Azernews reports.
The number of cards has increased by 3.3 million since the
beginning of June 2023 (8.5 million), according to data from
Kazakhstan's National Bank.
At the same time, the usage of MasterCard Worldwide payment
cards also continued to grow. Thus, the number of cards used at the
start of June 2024 exceeded 3.06 million (2.6 million at the start
of June 2023).
In general, the number of MasterCard debit cards by June 1,
2024, was 11.5 million; credit cards - 150,100; and debit cards
with a credit limit and prepaid - 159,100. About 2.99 million debit
cards, 43,300 credit cards, and 28,400 debit cards with a credit
limit and prepaid were used at the same time.
As of June 1, 2024, Kazakhstan had 77.4 million payment cards in
circulation. Debit cards account for 80 percent of all payment
cards in the country, while credit cards account for 15.9 percent.
Debit cards with credit limits and prepaid cards account for 4.1
percent of the total.
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