The Cards and Payments Industry in Ukraine: Emerging Trends and Opportunities to 2020

Powered by

All the vital news, analysis, and commentary curated by our industry experts.

$2750
Buy Report View Sample

Published: August 10, 2016 Report Code: VR1113MR-ST

Select Item

GlobalData’s 'The Cards and Payments Industry in Ukrine: Emerging Trends and Opportunities to 2020' report provides a detailed analysis of market trends in the Ukrainian cards and payments industry.

The report also analyzes various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, and transaction values and volumes during the review period (2011–2015) and over the forecast period (2016–2020). It also offers information on the country's competitive landscape, including the market shares of issuers and schemes.

The report brings together GlobalData’s research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. The report also covers details of regulatory policy and recent changes in regulatory structure.

Scope

• This report provides a comprehensive analysis of the Ukrainian cards and payments industry.

• It provides current values for the Ukrainian cards and payments industry for 2015, and forecast figures to 2020.

• It details the different demographic, economic, infrastructural and business drivers affecting the Ukrainian cards and payments industry.

• It outlines the industry's current regulatory framework.

• It details marketing strategies used by various banks and other institutions.

Key Highlights

What is expected to gain prominence among Ukrainian consumers? What factors are behind this? What is the latest solution that has been made available in Kiev? What solutions have previously been launched by PrivatBank and Alfa Bank?

What is the attitude to POS terminals with contactless functionality? According to the National Bank of Ukraine (NBU), how many contactless POS terminals are there in the country? This figure is equivalent to what proportion of the total terminals in use? Which leading merchants in Ukraine have installed contactless POS terminals? Which payment solution provider installed its contactless POS terminal at all McDonald’s restaurants in Ukraine?

Which banks are installing ATMs equipped with contactless functionality? Which four banks have delivered the latest launches of contactless ATMs?

Reasons to Buy

• Make strategic business decisions, using top-level historic and forecast market data, related to the Ukrainian cards and payments industry and each market within it.

• Understand the key market trends and growth opportunities in the Ukrainian cards and payments industry.

• Assess the competitive dynamics in the Ukrainian cards and payments industry.

• Gain insights into marketing strategies used for various card types in Ukraine.

• Gain insights into key regulations governing the Ukrainian cards and payments industry.

PrivatBank
Oschadbank
Raiffeisen Bank Aval
UkrSibbank
UniCredit Bank Ukraine
Visa
MasterCard
NSMEP
UkrCard

Table of Contents

1 Definitions and Methodology

1.1 Definitions

1.2 Methodology

2 Key Facts and Events

3 Executive Summary

4 Payment Instruments

4.1 Current Payment Environment

5 E-Commerce and Alternative Payments

5.1 E-Commerce Market Analysis

5.2 Alternative Payment Solutions

5.2.1 PayPal

5.2.2 MasterPass

5.2.3 iPay

5.2.4 WebMoney

6 Regulations in the Cards and Payments Industry

6.1 Regulatory Framework

6.1.1 Law on payment systems

6.2 Anti-Money Laundering (AML)

6.3 Foreign Direct Investment (FDI) Regulations

7 Analysis of Cards and Payments Industry Drivers

7.1 Demographic and Economic Drivers

7.2 Infrastructure and Business Drivers

8 Payment Cards

8.1 Payment Cards Market Analysis

8.1.1 Volume and value of payment card transactions by type

9 Debit Cards

9.1 Debit Card Market Analysis

9.1.1 Turnover per debit card and transaction values by channel

9.1.2 Debit card scheme and issuer shares in terms of transaction values

9.1.3 Debit cards comparison

10 Pay Later Cards

10.1 Pay Later Card Market Analysis

10.1.1 Turnover per pay later card and transaction values by channel

10.1.2 Pay later card scheme and issuer shares in terms of transaction values

10.1.3 Pay later cards comparison

11 Commercial Pay Later Cards

11.1 Commercial Pay Later Card Market Analysis

11.1.1 Commercial pay later cards comparison

12 Prepaid Cards

12.1 Prepaid Card Market Analysis

12.1.1 Prepaid cards comparison

13 Appendix

13.1 Tables

13.2 Contact GlobalData

13.3 About GlobalData

13.4 GlobalData’s Services

13.5 Disclaimer

Table

Table 1: Key Definitions

Table 2: Annual Average Exchange Rate

Table 3: Ukraine – Key Facts, 2015

Table 4: Regional Benchmarking of Ukrainian Payment Cards, 2015

Table 5: Ukraine – Mode of Entry of Foreign Banks

Table 6: Ukraine – Debit Card Comparisons and Key Features, 2016

Table 7: Ukraine – Gold Credit Cards Comparison and Key Features, 2016

Table 8: Ukraine – Premium Credit Cards Comparison and Key Features, 2016

Table 9: Ukraine – Commercial Pay Later Cards Comparison and Key Features, 2016

Table 10: Ukraine – Prepaid Card Comparisons and Key Features, 2016

Table 11: Ukraine – Number of Payment Cards in Circulation by Type (Million), 2011–2020

Table 12: Ukraine – Volume of Payment Card Transactions by Type (Million), 2011–2020

Table 13: Ukraine – Value of Payment Card Transactions by Type (UAH Billion), 2011–2020

Table 14: Ukraine – Value of Payment Card Transactions by Type (US$ Billion), 2011–2020

Table 15: Ukraine – Number of Debit Cards in Circulation (Million), 2011–2020

Table 16: Ukraine – Debit Card Transaction Volumes and Frequency by Channel, 2011–2020

Table 17: Ukraine – Debit Card Total and Average Transaction Values by Channel, 2011–2020

Table 18: Ukraine – Debit Card Total and Average Transaction Values by Channel, 2011–2020

Table 19: Ukraine – Number of Debit Cards in Circulation by Scheme (Million), 2011–2015

Table 20: Ukraine – Debit Card Transaction Values by Scheme (UAH Billion), 2011–2015

Table 21: Ukraine – Debit Card Transaction Values by Scheme (US$ Billion), 2011–2015

Table 22: Ukraine – Debit Card Transaction Values by Issuer (UAH Billion), 2011–2015

Table 23: Ukraine – Debit Card Transaction Values by Issuer (US$ Billion), 2011–2015

Table 24: Ukraine – Number of Pay Later Cards in Circulation (Million), 2011–2020

Table 25: Ukraine – Pay Later Card Transaction Volumes and Frequency by Channel, 2011–2020

Table 26: Ukraine – Pay Later Card Total and Average Transaction Values by Channel, 2011–2020

Table 27: Ukraine – Pay Later Card Total and Average Transaction Values by Channel, 2011–2020

Table 28: Ukraine – Number of Pay Later Cards in Circulation by Scheme (Million), 2011–2015

Table 29: Ukraine – Pay Later Card Transaction Values by Scheme (UAH Billion), 2011–2015

Table 30: Ukraine – Pay Later Card Transaction Values by Scheme (US$ Billion), 2011–2015

Table 31: Ukraine – Pay Later Card Transaction Values by Issuer (UAH Billion), 2011–2015

Table 32: Ukraine – Pay Later Card Transaction Values by Issuer (US$ Billion), 2011–2015

Table 33: Ukraine – Personal and Commercial Pay Later Card Transaction Volumes (Million), 2011–2020

Table 34: Ukraine – Personal and Commercial Pay Later Card Transaction Values (UAH Billion), 2011–2020

Table 35: Ukraine – Personal and Commercial Pay Later Card Transaction Values (US$ Billion), 2011–2020

Table 36: Ukraine – Number of Commercial Pay Later Cards in Circulation (Thousand), 2011–2020

Table 37: Ukraine – Commercial Pay Later Card Transaction Values (UAH Billion), 2011–2020

Table 38: Ukraine – Commercial Pay Later Card Transaction Values (US$ Million), 2011–2020

Table 39: Ukraine – Number of Prepaid Cards in Circulation (Thousand), 2011–2020

Table 40: Ukraine – Prepaid Card Transaction Values (UAH Million), 2011–2020

Table 41: Ukraine – Prepaid Card Transaction Values (US$ Million), 2011–2020

Figures

Figure 1: Ukraine – E-Commerce Value (US$ Billion), 2011–2020

Figure 2: Ukraine – Population and Economic Indicators

Figure 3: Ukraine – Number of ATMs, POS Terminals and Real Household Consumption

Figure 4: Ukraine – Growth in Payment Card Transaction Values and Number of Cards in Circulation by Type, 2011–2020

Figure 5: Ukraine – Volume and Value of Payment Card Transactions by Type (%), 2011–2020

Figure 6: Ukraine – Debit Card Penetration and Number of Debit Cards in Circulation, 2011–2020

Figure 7: Ukraine – Turnover Per Debit Card and Transaction Values by Channel, 2011–2020

Figure 8: Ukraine – Debit Card Scheme and Issuer Shares in Terms of Transaction Values (%), 2015

Figure 9: Ukraine – Pay Later Card Penetration and Number of Pay Later Cards in Circulation, 2011–2020

Figure 10: Ukraine – Turnover Per Pay Later Card and Transaction Values by Channel, 2011–2020

Figure 11: Ukraine – Pay Later Card Scheme and Issuer Shares in Terms of Transaction Values (%), 2015

Figure 12: Ukraine – Pay Later Commercial vs Personal Card, Transaction Volume and Value (%), 2011–2020

Figure 13: Ukraine – Number of Commercial Pay Later Cards, Transaction Value and Volume, 2011–2020

Figure 14: Ukraine – Number of Prepaid Cards in Circulation and Transaction Values, 2011–2020

Frequently asked questions

The Cards and Payments Industry in Ukraine: Emerging Trends and Opportunities to 2020 standard reports
Currency USD
$2,750

Can be used by individual purchaser only

Most Popular
$5,500

Can be shared by unlimited users within one corporate location e.g. a regional office

$8,250

Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company

Add to Basket

Undecided about purchasing this report?

Enquire Before Buying Request a Free Sample

Get in touch to find out about multi-purchase discounts

reportstore@globaldata.com
Tel +44 20 7947 2745

Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.

Sample Report

The Cards and Payments Industry in Ukraine: Emerging Trends and Opportunities to 2020 was curated by the best experts in the industry and we are confident about its unique quality. However, we want you to make the most beneficial decision for your business, so we offer free sample pages to help you:

  • Assess the relevance of the report
  • Evaluate the quality of the report
  • Justify the cost

Download your copy of the sample report and make an informed decision about whether the full report will provide you with the insights and information you need.

Below is a sample report to understand what you are buying

See what our customers are saying

“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.

GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”

 Business Intelligence & Marketing Manager, SAL Heavy Lift

“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”

 Market Analyst & Management, Liebherr-Werk

Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.

 Head of Key Accounts, Saab AB

Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.

 Marketing Intelligence Manager, Portugal Foods

Our experience with GlobalData has been very good, from the platform itself to the people. I find that the analysts and the account team have a high level of customer focus and responsiveness and therefore I can always rely on. The platform is more holistic than other providers. It is convenient and almost like a one stop shop. The pricing suite is highly competitive and value for our organisation.

I like reports that inform new segments such as the analysis on generation Z, millennials, the impact of COVID 19 to our banking customers and their new channel habits. Secondly the specialist insight on affluent sector significantly increases our understanding about this group of customers. The combination of those give us depth and breadth of the evolving market.

I’m in the business of answering and helping people make decisions so with the intelligence center I can do that, effectively and efficiently. I can share quickly key insights that answer and satisfy our country stakeholders by giving them many quality studies and primary research about competitive landscape beyond the outlook of our bank. It helps me be seen as an advisory partner and that makes a big difference. A big benefit of our subscription is that no one holds the whole data and because it allows so many people, so many different parts of our organisation have access, it enables all teams to have the same level of knowledge and decision support.

 Head of Customer Insight and Research, Standard Chartered

“I know that I can always rely on Globaldata’s work when I’m searching for the right consumer and market insights. I use Globaldata insights to understand the changing market & consumer landscape and help create better taste & wellbeing solutions for our customers in food, beverage and healthcare industries.

Globaldata has the right data and the reports are of very high quality compared to your competitors. Globaldata not only has overall market sizes & consumer insights on food & beverages but also provides insights at the ingredient & flavour level. That is key for B2B companies like Givaudan. This way we understand our customers’ business and also gain insight to our unique industry”

 Head of Consumer Sensory Insights, Givaudan

GlobalData provides a great range of information and reports on various sectors that is highly relevant, timely, easy to access and utilise.  The reports and data dashboards help engagement with clients; they provide valuable industry and market insights that can enrich client conversations and can help in the shaping of value propositions. Moreover, using GlobalData products has helped increase my knowledge of the finance sector, the players within it, and the general threats and opportunities.

I find the consumer surveys that are carried out to be extremely beneficial and not something I have seen anywhere else. They provided an insightful view of why and which consumers take (or don’t) particular financial products. This can help shape conversations with clients to ensure they make the right strategic decisions for their business.

One of the challenges I have found is that data in the payments space is often piecemeal. With GD all of the data I need is in one place, but it also comes with additional market reports that provide useful extra context and information. Having the ability to set-up alerts on relevant movements in the industry, be it competitors or customers, and have them emailed directly to me, ensures I get early sight of industry activity and don’t have to search for news.

 Senior Account Manager, TSYS

Related reports

View more Financial Services reports
Financial Services
New
Worldline - Competitor Profile
$350 | March 2024
Financial Services
New
Global Risk Report Quarterly Update - Q1 2024
$1,100 | April 2024
Financial Services
New
United Kingdom (UK) Private Landlord Insurance Market Analysis and Competitive…
$3,450 | April 2024
Go even deeper with GlobalData Intelligence Center

Every Company Report we produce is powered by the GlobalData Intelligence Center.

Subscribing to our intelligence platform means you can monitor developments at The Cards and Payments Industry in Ukraine: Emerging Trends and Opportunities to 2020 in real time.

  • Access a live The Cards and Payments Industry in Ukraine: Emerging Trends and Opportunities to 2020 dashboard for 12 months, with up-to-the-minute insights.
  • Fuel your decision making with real-time deal coverage and media activity.
  • Turn insights on financials, deals, products and pipelines into powerful agents of commercial advantage.
Tell me more