29 November 2016
Number of Consumers Preferring Cashless Payments on the Rise in Georgia
Cashless payments have increased by 3% in the second quarter of 2016 compared to the same period of 2015, Dmytro Krepak, Visa Inc. Country Manager for Ukraine, Georgia and Armenia, told The FINANCIAL in an exclusive interview.
“Georgia is a leader in launching innovations. There are multiple examples of Georgia being a pilot market for Visa to launch really interesting and exciting innovations. For example, the first contactless transaction to take place in the whole region of Central-Eastern Europe, the Middle East and Africa, actually happened in Georgia. Georgia was the first place to have a contactless transaction, many years ago. So that is why Georgia is one of our champions in terms of innovations,” Krepak told The FINANCIAL.