Why is this important
Paynet leads in profit (330.5 billion) due to its dominance in utility payments and a wide network of terminals. Payme is growing faster (+54%) due to its integration with e-commerce, delivery, and taxi services. Click lags behind (+31%) due to competition, but remains a strong player. The online payment market is growing by 50-60% annually due to digitalization, the ban on cash in buses, and the growth of e-commerce.
What happened
- Paynet: profit of 330.5 billion (+59%), revenue of 1.2 trillion (+55%);
- Payme: profit 287.3 billion (+54%), revenue 534.2 billion (+56%);
- Click: profit 235.7 billion (+31%), revenue 549.1 billion (+30%);
- Growth due to digitalization, online payments, and the expansion of services.
Paynet — 330,5 billion
- Profit: 330.5 billion (+59% compared to 2024, +122.9 billion).
- Revenues: 1.2 trillion (+55%).
- Taxes: 49.6 billion.
- Leadership: Paynet dominates utility payments (electricity, gas, water, internet), has a wide network of terminals (10,000+), serves government agencies, pensions.
Payme — 287,3 billion
- Profit: 287.3 billion (+54%, +100.4 billion).
- Revenues: 534.2 billion (+56%).
- Taxes: 4.8 billion.
- Growth: Payme is actively integrating with e-commerce (Uzum, Korzinka), delivery (Yandex Go), taxi, and expanding lending (Payme Nasiya).
Click — 235,7 billion
- Profit: 235.7 billion (+31%, +56.4 billion).
- Доходы: 549,1 млрд (+30%).
- Taxes: 899 million.
- Lagging behind: Click is growing slower due to competition with Payme, Uzum, but remains strong in transfers, utility payments, and online purchases.
Comparison
- Profit: Paynet (330.5 billion) > Payme (287.3 billion) > Click (235.7 billion).
- Profit growth: Paynet (+59%) > Payme (+54%) > Click (+31%).
- Revenues: Paynet (1.2 trillion) > Click (549.1 billion) > Payme (534.2 billion).
- Income growth: Payme (+56%) > Paynet (+55%) > Click (+30%).
Growth drivers
- Digitalization: ban on cash in buses, online payment for garbage collection, and utility bills stimulate the growth of transactions.
- E-commerce: online purchases are growing by 50-60% annually — Payme, Click are integrated with Uzum, Korzinka, and other platforms.
- Expansion of services: Payme Nasiya (lending), Click Transfer (international transfers), Paynet terminals (wide network).
- Income growth: salaries increased by 19%, the middle class spends more online.
Taxes
- Paynet: 49.6 billion — the largest taxpayer among payment systems.
- Payme: 4.8 billion — low taxes due to benefits for IT companies.
- Click: 899 million — minimum taxes.
Context
- The online payment market is growing by 50-60% annually thanks to digitalization. 490.1 million transactions in public transport for 9 months (+38%) — growth indicator.
- Paynet is the leader: it dominates in utility payments, public services, pensions thanks to a network of terminals, and government contracts.
- Payme — rapid growth: integration with e-commerce, delivery, taxi provides 54% growth. Payme Nasiya (lending) is a new source of income.
- Click — competition: lags behind (+31%) due to pressure from Payme, Uzum, but remains strong in transfers and utility payments.
- Uzum is a new player: Uzum super-application (e-commerce, loans, payments) competes with Click, Payme, Paynet, capturing market share.
