History of bank cards in Ukraine - infographic
In the late 90s, the Ukrainian press doubted how the domestic user would accept payment cards and whether they would become popular in our market.
Today in Ukraine there are 30 million active bank cards, and the media are discussing the possibility of a complete rejection of cash. For 20 years, the Ukrainian payment market has changed a lot: the first cards were issued in 1996, and today cashless payments have become familiar to millions of Ukrainians. In addition, banks are developing contactless and mobile payments.
The editors of PaySpace Magazine suggest recalling the process of forming a modern payment infrastructure in the infographic “History of Bank Cards in Ukraine”.