Ukrainians have almost completely switched to cashless payments but withdrew 2.47 trillion UAH from cards — NBU
In Ukraine, cashless payments already practically dominate in terms of the number of transactions, but cash continues to play a significant role in terms of the volume of funds. This was stated by the Verkhovna Rada Committee on Finance, Tax and Customs Policy, commenting on the National Bank's statistics on the payment card market for 2025.
According to the NBU, cashless transactions accounted for 95.5% of the total number of payment card transactions, while cash withdrawal transactions accounted for only 4.5%.
At the same time, the situation looks different in terms of transaction amounts. During 2025, Ukrainians made 9.08 billion cashless transactions totaling 4.68 trillion UAH, which is 65.4% of the total volume. In contrast, only 428.7 million cash withdrawal transactions were made, but for an amount of 2.47 trillion UAH, or 34.6% of all funds.
The Committee noted a significant difference in the average transaction size. If the average cashless payment check in 2025 was 516 UAH, the average amount of one cash withdrawal reached 5,768 UAH. Thus, a cash withdrawal transaction was on average more than 11 times larger than a cashless payment.
It is noted that compared to 2024, Ukrainians began to use ATMs less frequently: the number of cash withdrawal transactions decreased by 8.7%. At the same time, the total amount of withdrawn funds increased by 6%, indicating an increase in the amounts of such transactions.
The Tax Committee believes that cashless payments have definitively won in the area of everyday expenses, especially when paying for groceries, transport, or other small purchases. However, cash continues to hold an important position for large payments.
Among the reasons for this phenomenon are uneven development of payment infrastructure in the regions, security risks during wartime, including the threat of blackouts and communication interruptions, as well as the presence of a significant informal economy sector where cash payments remain widespread.
The Committee also emphasized that the digitalization of the financial sector is an irreversible process, but to further reduce cash circulation, it is necessary to expand the cashless infrastructure and create conditions under which storing and spending funds in cashless form will be safer, simpler, and more profitable.
Subscribe to our Telegram channel t.me/sudua and to Google News SUD.UA, as well as to our VIBER and WhatsApp, Facebook page Facebook and on Instagram to stay updated on the most important events.
