Kazakhstan 2026
Market Overview Payment Organisation Interbank Card Processing Centre (ICPC). Domestic Card Brand Altyn Card. Market Structure Though two banks issue proprietary local debit cards, nearly all cards are internationally branded. Three banks issue UnionPay cards. VISA predominates, with a market share of 48.80%. Central bank figures show that 50.6% of cards in circulation are classed […]
Moldova 2026
Market Overview Payment Organisation MoldMediaCard Domestic Card Brand None. Market Structure Moldovan retail banks issue cards with one of the Mastercard or VISA brands. While ATM transactions are the dominant form of card use, POS payments are growing fast, showing a CAGR of 40.03% between 2019 and 2024. Over the same period, ATM withdrawals grew […]
Ukraine 2026
Market Overview Payment Organisation PROSTIR (Ukrainian Payments Area), formerly NSMEP. Ukrainian Interbank Payment Systems Member Association “EMA” Domestic Card Brand PROSTIR cards (replacing NSMEP cards). UkrKart, cards, some are co-badged, Maestro. Market Structure PROSTIR, the new domestic contactless card scheme, has won increased support from the Ukrainian payments industry. The first Mastercard and VISA programmes […]
Uzbekistan 2026
Market Overview Payment Organisation National Interbank Payment System (UZKART). Domestic Card Brand UzCard cards. Market Structure Historically, more than 80% of cards issued were domestic-only UzCard cards using Duet smart card technology. Since 2015, UzCard cards have been issued as EMV cards branded with the new UzCard logo. From 2018, UzCards are co-badged with UnionPay. […]
Uzbekistan 2025
Introduction – Payments in Uzbekistan Uzbekistan is one of the Asian countries in the Eurasian Yearbook. It is a unitary, constitutional, presidential republic comprising 12 provinces, one autonomous republic, and one capital city, Tashkent. Uzbekistan is bordered by five countries: Kazakhstan, Tajikistan, Kyrgyzstan, Afghanistan, and Turkmenistan. The country’s official language is Uzbek. Uzbekistan is a […]
Ukraine 2025
Introduction – Payments in Ukraine Ukraine is a parliamentary republic with a unicameral legislature, the Supreme Council (Verkhovna Rada) under a semi-presidential system with separate powers: legislative, executive, and judicial branches. Its capital and largest city is Kiev. Two brief periods of independence occurred during the 20th century, once near the end of World War […]
Russia 2025
Introduction – Payments in Russia Russia is a semi-presidential republic with an asymmetric federation, spanning 11 time zones across eastern Europe and northern Asia. With over 146 million consumers and a fast-growing e-commerce and FinTech market, Russia is one of the most innovative payment markets in the world, with proactive efforts by banks and government […]
Moldova 2025
Introduction – Payments in Moldova Moldova is a parliamentary republic with a unicameral Parliament (Parlamentul). It is a member of the Commonwealth of Independent States (CIS), the Organisation for Democracy and Economic Development (GUAM) and the Organisation of the Black Sea Economic Cooperation (BSEC) and is an observer of the Eurasian Economic Community (EurAsEC). About […]
Kazakhstan 2025
Introduction – Payments in Kazakhstan Kazakhstan is a presidential republic with a bicameral Parliament composed of the Senate and the Assembly (Mazhilis). There is limited power outside of the executive branch. The Republic of Kazakhstan is a country in Central Asia, with a minor part west of the Ural River and thus in Europe. Kazakhstan […]
Kyrgyzstan 2025
Introduction – Payments in Kyrgyzstan Kyrgyzstan (also known as the Kyrgyz Republic) is one of the Asian countries in the Eurasian Yearbook. Since independence, the Kyrgyz Republic has officially been a unitary parliamentary republic, although it continues to endure ethnic conflicts, revolts, economic troubles, transitional governments, and political party conflicts. In 2021 it reverted to […]