14:57 24.07.2024

NovaPay Transfers grow by 26% in H1, number of transactions by 17%

1 min read
NovaPay Transfers grow by 26% in H1, number of transactions by 17%

The amount of transfers through the NovaPay international financial service in January-June 2024 reached UAH 136.6 billion, which is 26% more compared to the same period in 2023, the company's press service reported.

Some 193 million transactions were processed through the NovaPay system in January-June this year, which is 17% more than in the first half of last year.

According to the press release, the company transferred UAH 530 million to the state budget, which exceeded the H1 2023 figure by 13%, and assistance to the Armed Forces of Ukraine reached UAH 3 million.

The most popular NovaPay services, in addition to traditional transfers, were card replenishment operations, cash withdrawals, and utility bill payments.

NovaPay is an international financial service founded in 2001, part of the Nova group, providing financial services online and offline at Nova Poshta branches. According to the website, the company employs about 13,000 workers in more than 3,600 Nova Poshta branches throughout Ukraine. According to the National Bank of Ukraine, the company accounts for 35% of the total volume of domestic money transfers.

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