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19 April 2023, 12:38

Cashless money turnover on the rise in Belarus

MINSK, 19 April (BelTA) – The share of cashless monetary transactions is growing in Belarus. Chairman of the Board of the National Bank of the Republic of Belarus (NBRB) Pavel Kallaur made the statement during a joint session of the House of Representatives and the Council of the Republic of the National Assembly of Belarus on 19 April, BelTA has learned.

In his words, a system of cashless transactions for retail payments is actively developing in the country. “As of late 2022 the share of cashless money turnover in retail trade increased by 0.9% to 51%,” Pavel Kallaur said.

In 2014 the share was under 19%, the official clarified.

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