The National Bank of Georgia has released statistics on the volume of transactions carried out by the bank cards over the past month.
According to the report, the volume of payments made through POS terminals reached a peak in December 2019 and amounted to 930 million GEL. However, the figure has been 781 million GEL in February, while increased up to 813 million GEL in March. It should be noted, that the figure decreased by 138 million GEL amounting to 675 million GEL. Therefore, the rate is increased by 10% y-o-y, but the growth pace was much higher in other months, for example, in March the growth pace was 57%.
The volume of payments made via the internet has decreased y-o-y. In April 2020, banks served internet transactions of 251 million GEL in total, which is 18% less comparing to the same period in 2019.
See all the news
Turkey to open doors to 31 countries for health tourism
S&P: Georgia Heads Toward Recession
Coronavirus: Boris Johnson moved to intensive care
First-Stage Land Usage Permit for APM Terminals Poti
How will Nenskra HPP Reduce the Electricity Import?
Carrefour: The product will be on the shelves with the prices same as before
Differences between tobacco and nicotine products
OECD cuts 2020 global growth forecast over virus
Georgia to export new armored vehicle Didgori Meomari
"Hotels are in shock, reservations are canceled" - Shalva Alaverdashvili
Georgian brand Entrée enters the UK market and opens its first facility in London
Frontera claims that Georgian government has started harassing the company since 2013
Company HotelFriend offers convenient eComerce platform to Georgian Touroperators
Will the head of "Anaklia Deepwater Port Development Agency" be replaced?
TOP-10 Exporter Companies from Georgia to Russia
TBC Bank Group announces certain changes to the composition of the Management Board
Silknet signed Memorandum of Understanding with Global Communications Company One Web
Mamuka Khazaradze: We want to avoid arbitration, but the Consortium is ready for that
Reuters: Dutch city tells floating Georgian monastery to cast off
TBC Bank Group Shares up by 6.3% WoW on the LSE