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Total cash withdrawal amounts by Kazakhstani residents from 2025 onwards

Withdrawals by Kazakh citizens amounting to 6 trillion tenge have been made via ATMs since the start of the year, marking a 6.6% increase from the previous year. Notably, residents of North Kazakhstan region demonstrate the highest frequency of cash usage. For further information, please refer...

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Over the past year, cash withdrawals by Kazakhs via ATMs totaled 6 trillion tenge, marking a 6.6%...
Over the past year, cash withdrawals by Kazakhs via ATMs totaled 6 trillion tenge, marking a 6.6% rise from the previous year. It's worth noting that the North Kazakhstan region leads in frequent cash transactions. For further insights, head to our website.

Total cash withdrawal amounts by Kazakhstani residents from 2025 onwards

In the world of digital payments, Kazakhstan is steaming ahead. Over 85% of transactions in the country are now cashless, according to the Association of Kazakhstan Financiers (AFK)[1]. This staggering statistic confirms Kazakhstan's status as a global leader in cashless adoption. But despite the digital revolution, there seems to be a silent contingent clinging on to greenbacks.

The North Kazakhstan region is the surprising frontrunner when it comes to cash usage. Cashless payments account for less than 75% of the turnover of bank cards here, as compared to more than 90% in cities like Almaty[1]. This implies a lingering preference for cash, particularly in rural areas, even as the nation as a whole gravitates towards digital payments.

This unmistakable yen for cash is visible in the ATM withdrawals, which have seen a 6.6% increase over the past year. In the first quarter of 2025, residents withdrew 6.0 trillion tenge through ATMs[1]. Analysts attribute this trend to the continued need for cash for daily expenses in remote areas and the high share of the shadow economy in the country.

While the digital shift seems relentless, there's a slowdown in the displacement of cash transactions by digital methods. The proportion of cash withdrawals within total card turnover only slightly decreased to 13.3 % in 2024, indicating a plateau in the cashless movement [1].

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Fun Fact:

Did you know? As of March 2024, there were around 81 million payment cards in Kazakhstan, equating to approximately four cards per person [2].

References:

  1. Source 1
  2. Source 2
  3. Source 3
  4. The average Kazakhstani reportedly possesses around four payment cards as of March 2024, highlighting the growing importance of cashless finance in the country.
  5. Despite the gradual shift towards digital finance, the average cash withdrawal through ATMs in Kazakhstan increased by 6.6% over the past year, suggesting a continued demand for cash, especially in rural areas.
  6. In contrast to the 85% cashless transactions nationwide, the North Kazakhstan region experiences less than 75% cashless payment turnover, indicating a higher preference for cash among its residents.
  7. In 2025, residents withdrew approximately 6.0 trillion tenge through ATMs, demonstrating a significant cash usage trend that persists even as the majority of transactions in Kazakhstan become cashless.

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