Online transaction volumes increased significantly in Uzbekistan

According to the press service of the United Republic Center of Processing (URCP), the volume of online transactions in Uzbekistan has dramatically increased. 

In the 3rd quarter, the total amount of all online transactions amounted to 1,6 trillion sums. For comparison, it was 872 billion sums in the 2nd quarter and 663,5 billion sums in the 1st quarter respectively. Thus, the increase was 184%.

At the same time, the number of transactions declined - if there was 71,4 million in the 2nd quarter, now, it is 69,8 million (down by 2,2%).

Over the past quarter, 817,000 cards were issued. It is 0,4% more compared to the 2nd quarter (813,000).

Mostly, during this period, cards were issued by the People’s Bank (162,000), Agrobank (123,000) and Ipoteka-Bank (80,000).

Earlier, it was reported that in the middle of September there was a malfunction in the URCP. Losses of the Center were estimated at 27 billion sums.