Kazakhstan’s domestic funds transfers amounted to KZT 32 billion over 6months

30 July, 2018, 09:08 190
Kazakhstan’s domestic funds transfers amounted to KZT 32 billion over 6months

This figure exceeds the last one four times.

Money transfers through money transfer systems are very popular in Kazakhstan this year. Their volume increased four times and accounted for 31.6 billion tenge for a period January-May compared with analogue period of the last. Previous two years their volume decreased, BNews.kz correspondent reports referred to ranking.kz.

Transactions increased by 39.5% up to 130.7 thousand tenge, in connection with this the average check of a transfer increased by 3 times up to 242 thousand tenge.  

Among the money transfer systems, the leader is Zolotaya Korona (Golden Crown) -9.7 billion tenge. The volume grew by 6.4 times. The system’s share increased from 19.2% up to 30.8%.

Faster is the next in the list. Its volume accounted to 1.6 billion tenge that is by 38% lower than in 2017. The share decreased from 31.8% up to 5%.

Western Union bottoms the top three. 1.2 billion tenge, with 13.3% lower compared with last. The system’s share decreased from 18% up to 3.9%/

The number of transactions is also led by the Golden Crown - 61.7 thousand, growth over the year by 9.2 times. The share of the system increased from 7.2% to 47.2%.

The second place Faster - 18.6 thousand transactions, which is 42.3% less than the same period last year. The share fell from 34.4% to 14.2%.

Western Union is in third place - 3.5 thousand, 28.6% less than a year earlier. The share decreased from 5.2% to 2.7%.