Ukraine Cards and Payments – Opportunities and Risks to 2026
Powered by
All the vital news, analysis, and commentary curated by our industry experts.
Ukraine Cards and Payments Market Report Overview
The Ukraine cards and payments market was valued at $82.4 billion in 2021. The Ukraine cards and payments market report provides a detailed analysis of market trends in the Ukrainian cards and payments industry. It provides values and volumes for several key performance indicators in the industry during the review period. The report also analyzes various payment card markets operating in the industry. It provides detailed information on the number of cards in circulation, transaction values, and volumes. It also offers information on the country’s competitive landscape, including market shares of issuers and schemes.
For more insights on Ukraine cards and payments market forecast, download a free report sample
Ukraine Cards and Payments Market Dynamics
While Ukraine was gradually recovering from COVID-19, Russia’s invasion in early 2022 drove many citizens to leave the country. Amid the dwindling economy and growing unemployment, consumers were forced to reduce their spending, thereby affecting credit card market growth. However, banks are offering relief measures to support consumers.
Furthermore, alternative payments are gradually gaining popularity in the country. In July 2022, Swiss watch maker Swatch launched its payment solution SwatchPAY! in Ukraine in partnership with Mastercard. The solution is supported by three Ukrainian bank – Bank Vostok, Oschadbank, and PrivatBank. The solution allows users to make contactless payments using compatible smartwatches. Other international brands such as Apple Pay, Google Pay, Click to Pay, and PayPal are also present in the market.
Key Segments in the Ukraine Cards and Payments Market
The key segments in the Ukraine cards and payments market are card-based payments, e-commerce payments, and alternative payments. The growing adoption of contactless cards is driving the use of cards for payments.
Leading Players in the Ukraine Cards and Payments Market
Some of the leading players in the Ukraine cards and payments market are PrivatBank, Universal Bank, Oschadbank, Raiffeisen Bank, First Ukrainian International Bank, Alfa-Bank, BNP Paribas, Ukrgasbank, and Credit Agricole among others.
Ukraine Cards and Payments Market Report Overview
Market Size (2021) | $82.4 Billion |
Key Segments | Card-Based Payments, E-Commerce Payments, and Alternative Payments |
Leading Players | PrivatBank, Universal Bank, Oschadbank, Raiffeisen Bank, First Ukrainian International Bank, Alfa-Bank, BNP Paribas, Ukrgasbank, and Credit Agricole |
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
BNP Paribas
Visa
Mastercard
PROSTIR
PayPal
Google Pay
Apple Pay
Click to Pay
SharPay
Table of Contents
Frequently asked questions
-
What was the Ukraine cards and payments market size in 2021?
The Ukraine cards and payments market size was $82.4 billion in 2021.
-
What are the key segments in the Ukraine cards and payments market?
The key segments in the Ukraine cards and payments market are card-based payments, e-commerce payments, and alternative payments.
-
Who are the leading players in the Ukraine cards and payments market?
Some of the leading players in the Ukraine cards and payments market are PrivatBank, Universal Bank, Oschadbank, Raiffeisen Bank, First Ukrainian International Bank, Alfa-Bank, BNP Paribas, Ukrgasbank, and Credit Agricole among others.
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.