Tuesday11 February 2025
ps-ua.com

In 2024, NovaPay boosted the number of transactions by 18% and increased their volume by 31%.

In 2024, the international financial service "NovaPay" (TM NovaPay) completed 418 million transactions, marking an 18% increase compared to 2023.
В 2024 году NovaPay увеличил количество переводов на 18%, а их объем вырос на 31%.

The international financial service "NovaPay" (TM NovaPay) completed 418 million transfers in 2024, which is an 18% increase compared to 2023.

According to a statement from the press service of "NovaPay" on Tuesday, the total volume of transfers through the system in 2024 reached 308.5 billion UAH, which is 31% more than in 2023.

Additionally, charitable foundations made 1,500 transfers through "NovaPay" amounting to 32.5 million UAH.

"We are proud that even amidst today's challenges, we can continue to grow steadily, support the economy, and set new records. This is the result of our team's coordinated efforts, as well as the trust of our clients and partners. We are committed to implementing innovations to provide the best financial services," quoted the press service of "NovaPay" the CEO of the service, Andrey Krivoshapko.

In 2024, NovaPay set a record by processing 2.57 million transactions in a single day. The maximum processing speed reached 65 transactions per second.

Moreover, in 2024, "NovaPay" contributed approximately 1.5 billion UAH to the national budget, which is 23% more than in 2023.

In support of Ukraine, NovaPay invested 5.9 million UAH, marking another significant step toward a common goal, as reported by the service's press office.

"NovaPay" (TM NovaPay) is an international financial service that is part of the NOVA group of companies. For over 12 years, it has been providing payment services both online and offline at more than 3,600 branches of "Nova Poshta." The service was the first in Ukraine among non-banking financial institutions to receive an extended license from the NBU, allowing it to open accounts and issue cards.

According to the National Bank of Ukraine, as of December 1, 2024, LLC "NovaPay" issued 449.11 thousand payment cards, of which 123.34 thousand were active (at least one transaction in November). With a market share of 0.22%, the company ranked 17th and is significantly behind the leaders, PrivatBank (29.28 million) and mono (9.86 million active cards). At the beginning of 2024, "NovaPay" had issued only 13 thousand cards.

Furthermore, the company had 10.71 thousand installed payment terminals at the beginning of December, compared to 3.43 thousand at the start of the year, and installed its first 10 self-service devices. In terms of the number of payment terminals, "NovaPay" surpassed "Ukrposhta" with a market share of 2.1% compared to its 1.4%, ranking fifth in the market, while PrivatBank remains the undisputed leader with a market share of 60.7%.