According to Raiffeisen Bank, nearly six out of every ten hryvnia that Ukrainians spent via bank payment terminals in October went on food and fuel. The average supermarket purchase rose by 15% over the month — from 286 to 329 UAH.
Grocery stores and supermarkets accounted for 40% of payments via the bank’s terminals, while a further 19% went to petrol stations (АЗС). The top five categories also included building materials and timber (7.29%), clothing (4.16%) and specialised food shops (3.14%); together their contribution amounted to almost three quarters of turnover.
The largest amounts for a single purchase were recorded in clothing stores — on average 2,120 UAH. In building materials stores the average receipt was 1,005 UAH, at petrol stations (АЗС) — 1,028 UAH; at fuel stations the average monthly receipt rose by 6% — from 968 UAH in September.
“Even during power outages people can pay by card and with devices. Our terminals can run on battery power for up to 6–8 hours. This allows shops and other establishments to continue accepting payments even when there is no electricity,” said Yevhen Vasyltsov, director of the acquiring department at Raiffeisen Bank.
The structure of online spending also changed: via the bank’s online acquiring service the most was spent at fast-food outlets, on fuel and on educational services. Over the month the largest growth in turnover was seen in other categories: online tax payments increased by 110%, taxi services by 109%, clothing purchases by 74% and utilities by 14%.
In October, 62.6 million payments worth 32 billion UAH were made via Raiffeisen Bank’s terminals and online services. The average amount per transaction was 511 UAH; more than 27,000 merchants accept cards through the bank’s terminals, and the overall network comprises over 36,000 terminals.
