55 Players Define Ukraine's Payment Landscape: A Trio of State Networks, Global Card Brands, and Tech Innovators.

Ukraine's Payment Market in 2026: An Overview

According to Мінфін — Крипто/Фінанси: As of July 2026, Ukraine’s payment market comprises 55 participants, including government-run payment networks, international card operators, and technology companies. This diverse mix indicates a rapidly evolving payment infrastructure in the country. This blend of state, bank, and non-bank operators highlights a strategic push to modernize the nation’s financial services.

According to available data, the market includes:

• 2 state payment systems: PROSTIR (operated by the National Bank of Ukraine) and the Electronic Payments System (SEP);
• 6 systems run by banks;
• 5 systems operated by non-banking institutions;
• 4 international card systems: UnionPay International, MasterCard, American Express, and Visa;
• 6 international money transfer systems: RIA, TransferGo, INTELEXPRESS, MEEST, MoneyGram, and Western Union;
• 32 technology operators providing various payment solutions.

Financial Performance of the Market

In terms of financial results, NovaPay LLC posted remarkable revenue of about UAH 10 billion in 2025. Together, the combined revenue of 30 analyzed companies for that year reached nearly UAH 9 billion. Notable leaders include:

• UAPROM LLC, which earned UAH 2.8 billion;
• Ukrainian Processing Center PJSC, which reported UAH 2.1 billion in 2025.

These figures point to active growth in Ukraine’s payment sector and increasing interest in new financial technologies.

The expansion of Ukraine’s payment market not only mirrors broader economic growth but also reflects adaptation to modern consumer demands for convenient and secure payment methods.

Competition among market participants drives innovation and service improvements, which in turn can attract new customers and enhance financial inclusion. Amid globalization and digitalization of financial services, Ukraine’s payment market holds potential for further development and integration into international payment systems.