Payme increased its net annual profit by more than a third
Author - Mansur Ismagulov
The Tech AI
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Payme's revenue grew by 39% to $27 million in 2023, while the transaction volume increased by 29%, reaching $3.6 billion. In the last quarter, the service recorded a peak of $1 billion. The number of registered users reached 11.6 million, of which 3.3 million pay monthly and 1.2 million pay daily.
Payme's payment service revenue for 2023 amounted to approximately $27 million. In the previous year, it was $19.4 million. The growth rate of revenues over the 12 months was approximately 39%.
The amount of payments processed through the app increased by 29%, reaching $3.6 billion. In the first and third quarters, there was a slight decrease in transaction volume, but the last quarter became the peak for the service with $1 billion.
The number of registered Payme users reached 11.6 million. Of these, 3.3 million make payments through the app at least once a month, and 1.2 million use it daily.
Source: spot.uz
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