Major banks lead in electronic payment infrastructure in Turkmenistan

Major banks lead in electronic payment infrastructure in Turkmenistan

The Central Bank of Turkmenistan reports that SCB Turkmenistan and SCB Dayhanbank lead in POS terminal operation, with 7,427 and 7,225 terminals, accounting for nearly 40% of the national total.

JSCB Turkmenbashi and JSCB Halkbank follow, operating 5,876 and 5,364 terminals, representing 30% of the overall share.Smaller banks, such as JSCB Rysgal and SBforFEA, operate significantly fewer terminals, reflecting a concentration of electronic payment access among a few major banks.

More related articles

An educational conference for banking specialists was held in Ashgabat
Ranking of banks of Turkmenistan by the number of POS-terminals published
SCBT “Daihanbank” topped the ranking in terms of the number of valid bank cards in Turkmenistan
The rating of banks of Turkmenistan by the number of Internet banking users has been published
The ranking of banks of Turkmenistan by the number of users of the “Internet Bank” service has been published
JSCBT “Halkbank” became the leader of Turkmenistan in terms of the number of mobile banking users
Turkmen banks issued more than 136 thousand plastic cards in the first 5 months of 2023