Currency of Belarus. New money in Belarus (photo) Samples of new Belarusian banknotes
More recently, literally in July last year, another redenomination of the ruble took place in the Republic of Belarus. It is worth noting that she was not the only one, because after the collapse of the Soviet Union, the denomination was carried out 4 times. The latest monetary reform has significantly simplified the payment system in Belarus, because before it it was almost impossible to comfortably use monetary units. Let us answer the question why the denomination of money occurred in Belarus in 2016, its causes and consequences.
What is the purpose of denomination?
If we say in simple words what denomination is, then in fact it is just a change in the nominal value of the national currency. This procedure is used to facilitate the settlement system, as well as to stabilize the economic situation within the state after an economic crisis or hyperinflation.
If we talk about the reasons for denomination in general, then when it is carried out, the ratio of money changes, in this case in Belarus it changed 1 to 10,000, and in Russia in 1998, the nominal value of the national currency decreased by 1000. Accordingly, after these events, the entire cost of goods and services also decreased by 10,000 times. Why is a regular denomination needed:
- to establish the national currency in relation to the world one;
- identify hidden incomes of the population;
- simplify the payment system;
- reduce the cost of issuing new banknotes.
Note that in most cases, monetary reforms are carried out during a crisis or after hyperinflation in order to restore the domestic economy.
Historical reference
As stated earlier, denomination was carried out in the Republic of Belarus more than once, and this was only after the collapse of the USSR. The first monetary reform was carried out in 1992, when 1 zero disappeared from the nominal value of the national currency. At that time, Belarusian rubles had an original design, because they were decorated with images of animals, and people called them “bunnies.”
The second monetary reform was not long in coming, and was carried out 2 years after the first, then another zero disappeared from the national currency. But at that time, after leaving the USSR, Belarus gained independence and never carried out economic reforms, which led to inflation, so by the beginning of the new century, the need arose again to redenominate the currency, then the ratio was 1 to 1000.
The last denomination of the Belarusian ruble in 2016, as mentioned earlier, banknotes became 10,000 times smaller. One only has to think about the fact that before the reform, there were bills of 2 and 5 million Belarusian rubles in circulation on the territory of the state, and if translated into modern money, then these are 200 and 500 rubles, respectively.
Please note that today the exchange rate of the Belarusian ruble against the Russian ruble is 1 to 30.57, and the Belarusian ruble to the Russian ruble before the redenomination was approximately 0.003057 to 1.
Reasons for currency reform
Undoubtedly, the main reason for the redenomination, including in Belarus, is the rapid growth of inflation in the country. Although the government of the country explains the reform by saying that the need to reduce the number of zeros on banknotes is due to the fact that they are extremely inconvenient to handle. In general, the denomination, as the government promises, will not affect the purchasing power of goods and services and will not harm the well-being of the citizens of the republic.
Currency of Belarus before and after denomination
But it is also worth noting that inflation also occurs here, which, in essence, is associated with economic stagnation and the need to make internal changes. Although, according to President Lukashenko himself, the country’s economy is stable and the renewal of the national currency will not lead to devaluation, which means that the residents of the state have nothing to fear.
Please note that monetary reform in Belarus is of a technical nature and will not affect purchasing power in any way.
Progress of reform
The order on the denomination of the official currency of the Republic of Belarus was signed by the President of the Republic on November 4, 2015, and the reform itself began on July 1, 2016. To completely remove old banknotes from circulation, approximately six months have been allocated until the end of 2016. Money on the territory of Belarus was withdrawn gradually, that is, citizens could pay with both old and new banknotes, and the remaining savings could be exchanged at the bank.
The peculiarities of this reform are that before it was carried out, only paper bills would have been in circulation. And today residents of Belarus have the opportunity to use coins in denominations of 10, 20, 50 kopecks, 1 and 2 rubles. Among paper banknotes, banknotes in denominations of 5,10, 20, 50, 100, 200 and 500 rubles today appearance banknotes decorate the cities of Belarus.
It is noteworthy that the currency reform has been planned since 2009. It was then that the development of the design of new banknotes began. The official version of the denomination appeared in 2014, it was voiced by President Lukashenko during an interview with Belarusian journalists.
Consequences of the reform
The denomination in Belarus in 2016 did not bring any negative consequences for the population. First of all, it should be noted that this monetary reform was indeed necessary primarily for the common population. In addition, accountants and financial workers received great benefits from it. In addition, President Lukashenko himself promised to “tear off the head of everyone who raises prices for goods,” which means that the population of Belarus only benefits from the reform.
Let's summarize that the monetary reform in Belarus is just changes that are of a technical nature and are not related to the internal economic crisis, although the inflation rate in the country exceeds acceptable limits and amounts to 15-18% per year. In any case, the reduction of zeros in the denomination of the monetary unit has made life much easier for Belarusians. After all, just imagine, in order to make any major purchase, residents of the country literally had to carry a bag with money with them, because, as mentioned earlier, the exchange rate of the Belarusian ruble to the ruble before the redenomination was 0.003057 to 1.
Decree of the President of the Republic of Belarus dated November 4, 2015 No. 450 announced the 3rd denomination of the national currency since the collapse of the Soviet Union. The 2000 money exchange, which began on July 1, 2016, was a consequence of prolonged hyperinflation in the Republic. The exchange of old money for new ones in Belarus is carried out for:
- facilitating the payment system;
- reducing the costs of issuing banknotes;
- identifying hidden income of the population;
- strengthening the Belarusian ruble against the euro and dollar.
For the population, the key questions were where, how and until when it was possible to exchange old money for new ones.
Is it possible to exchange old money for new ones in Belarus?
Denomination in its simplest sense removes extra zeros from banknotes. Banknotes of the 2000 model are useless on their own. Until December 31, 2016, the country, in fact, had a double price tag for goods, i.e. it was possible to pay with both old and new money.
In all stores in Belarus one could see the conversion table:
New denomination | Old denomination |
1 kop. | 100 BYR |
2 kopecks | 200 BYR |
5 kopecks | 500 BYR |
10 kopecks | 1,000 BYR |
20 kopecks | 2,000 BYR |
50 kopecks | 5,000 BYR |
1 BYR | 10,000 BYR |
2 BYR | 20,000 BYR |
5 BYR | 50,000 BYR |
10 BYR | 100,000 BYR |
20 BYR | 200,000 BYR |
50 BYR | 500,000 BYR |
100 BYR | 1,000,000 BYR |
200 BYR | 2,000,000 BYR |
500 BYR | 5,000,000 BYR |
Starting from January 1, 2017, only Belarusian banknotes of 2009 have value. The exchange of old money for new ones in Belarus is not only possible, but has become a necessary reality. There is no point in keeping waste paper that is worth nothing.
The exchange amount must be a multiple of 100. If the amount is less than the established limit, the National Bank simply has nothing to give you.
In Russia and Kazakhstan, from January 1, 2017, the exchange of Belarusian currency of the 2000 model for domestic currency is impossible due to their withdrawal. The only option is to exchange them for 2009 banknotes. Then, if desired, you can buy any currency with them.
Only public banknotes can be exchanged. The denomination did not affect investment and commemorative coins issued by the National Bank of the Republic of Belarus in last years before denomination. They are valid for any payments. The value of each banknote is equal to their face value.
The 2016 denomination was planned already in 2008. New banknotes were developed in 2007, but the 2008 crisis that hit the world economy did not allow Belarus to carry out monetary reform on time. Old-style money is exchanged in Belarus at the rate of 10,000:1. This rate is set at the same rate for the entire exchange period.
Both cash and cards can be exchanged. When withdrawing money from a card, the exchange occurs automatically at the accepted rate. Deposit owners will not have to write a new application for recalculation of funds. Some banks were able to reform instantly, and their customers could withdraw savings from ATMs in new currency, starting July 1, 2016
Instead of thousandth banknotes, the following are introduced into circulation:
How does denomination happen?
Denomination is the enlargement of a country’s monetary unit. As of June 1, 2016, over 97% of the amount and 60% of all banknotes in circulation among the population in the form of cash were seized.
Currency reform is a measure that the Republic’s economy needed 8-9 years ago. Hyperinflation made every first inhabitant of the country a millionaire. At the same time, banknotes of truly high value were extremely rare. Belarusians had to carry a real money bag with them, and the coins went out of circulation completely. Because of this, the Belarusian banknote has become known as one of the strangest currencies in Europe.
Consolidation is a purely technical event. It does not affect the level of inflation, salaries, the amount of debt obligations, the exchanger works automatically. The same cannot be said about special management and accounting programs, such as 1C. With the introduction of kopecks, it became necessary to move to new configurations; it will be necessary not only to modify the form, but also to update the metadata. You can do this yourself following the instructions if you use a simple accounting system. In other cases, the help of specialists is necessary.
Denomination in the Republic of Belarus began not only 8 years later than expected, but also under very strange circumstances. The National Bank has officially admitted that the first batch of new money has a spelling error (“pyatsdzesyat” instead of “pyatsdzyasyat”) and is a facsimile of the former head of the central bank of Belarus. The fact is that the banknotes were printed back in 2008, since then the country has undergone a change in the leadership of the National Bank and language reform. And since they printed a decent amount of banknotes, they did not redo anything.
The design of the new banknotes, although imbued with pride national places, it was developed by EU artists. Many note the fact that the new Belarusian ruble is similar to the euro. It is noteworthy that money was also printed abroad, in particular in Great Britain.
Where can you exchange old-style money for new ones, and until what time can the exchange be carried out?
Most of the old banknotes were changed in 2017. But still every day up to 7 requests are received to exchange old Belarusian money for new ones. The Republic of Belarus has approved the following dates and places where it is still possible to change old money. signs:
- 01.2018–31.12.2019, inclusive: exchange only in the territory of the Republic of Belarus. You will receive banknotes of the 2009 sample from the National Bank, banking and parabank credit organizations.
- 01.2020–31.12.2021, inclusive: only at the National Bank of the Republic.
On January 1, 2022, the 2000 banknotes were officially declared invalid. The population of Belarus, as well as citizens of other countries who still have that kind of money, have 5 years.
Most of those who have not currently exchanged their old money are either holders of 50 ruble banknotes. (according to the devaluation rate, there is simply nothing to exchange such money for in a single quantity) or with a face value of 100,000 rubles. and more. There is a possibility that after some time, high denomination banknotes will be of interest to collectors. Already now there are advertisements online about selling them for n-amount in dollars. Enterprising “millionaires” should keep in mind that numismatists will be interested in specimens preserved in in good shape, as well as a rare series.
Rare and expensive modern Belarusian banknotes
It may not always be profitable to exchange old Belarusian money for new ones. For those who do not understand bonistics, below is a list of banknotes for which collectors are already ready to pay you a tidy sum of money.
Banknotes of rare series:
- 50 rub. 2000 Lo series;
- 100 rub. 2000 TV series;
- 100 rub. 2000 TB series;
- 500 rub. 2000 series Pl;
- 1,000 rub. 2000 series VZ;
- 1,000 rub. 2000 series NG.
Defective banknotes are also of interest. For example, a paper jam occurs when printing. It is very difficult to find them, but if you do, you will get 10 times their real value.
The 2016 redenomination is a breath of fresh air in the Belarusian economy. It is difficult to say whether the decision to push back the deadline by as much as 8 years was correct. Reforms are always difficult, since any violation of the usual way of life, especially concerning the financial well-being of the population, is a period of denial and rampant fraudulent schemes. But in conditions of hyperinflation, this is the only tool that can protect the country from default.
Banknotes and coins of the National Bank of the Republic of Belarus, issued for circulation from July 1, 2016, are presented today on the National Bank’s website.
The general design concept of the new banknotes corresponds to the motto “My Country – Belarus”. Each banknote is dedicated to one of the regions of Belarus and the city of Minsk. The correspondence of the area to the denomination of banknotes is determined in alphabetical order. The image of a banknote in denomination of 5 rubles is dedicated to the Brest region, 10 rubles - to the Vitebsk region, 20 rubles - to the Gomel region, 50 rubles - to the Grodno region, 100 rubles - to the Minsk region, 200 rubles - to the Mogilev region, 500 rubles - to Minsk. The design of the new banknotes of the 2009 model maintains continuity with the banknote series of the 2000 model in terms of the use of images of architectural and urban planning monuments, according to the website of the National Bank of Belarus. Total from July 1, 2016 Seven denominations of banknotes will be issued into circulation - 5, 10, 20, 50, 100, 200 and 500 rubles, and eight denominations of coins - 1, 2, 5, 10, 20, and 50 kopecks, as well as 1 and 2 rubles.
This is what the current 50 thousand rubles will look like.
This bill is equal to the current 100 thousand rubles.
Instead of the current banknote with a face value of 200 thousand rubles.
If we had a banknote with a face value of 500 thousand rubles, this is what they would look like after redenomination.
Equivalent to 1 million rubles.
Think of this bill as 2 million rubles.
This bill is equal to the current 5 million rubles.
Here there are 100, as well as 200 and 500 current rubles.
Equivalent to the current 1 thousand, 2 thousand and 5 thousand.
And this is 10 thousand and 20 thousand current rubles.
The denomination will take place on July 1, 2016 by replacing the banknotes of the 2000 model in circulation with banknotes and coins of the 2009 model in the ratio of 10,000 Belarusian rubles in banknotes of the 2000 model to 1 Belarusian ruble in banknotes of the 2009 model. That is, given the chosen scale of enlargement of the Belarusian ruble (1:10 000), the lowest denomination of the banknote currently in force – will be replaced by the lowest denomination of the new currency series – 1 kopeck.
Before July 1, 2016 The only legal tender for cash payments in the Republic of Belarus will be banknotes of the 2000 model currently in circulation.
From July 1 to December 31, 2016 inclusive, banknotes of the 2000 model, as well as banknotes and coins of the 2009 model, will be in parallel circulation and must be accepted for all types of payments by all business entities without restrictions.
Over the next five years - from January 1, 2017 to December 31, 2021 inclusive - banknotes of the 2000 model will be exchanged for banknotes of the 2009 model in any amount without restrictions and without charging a commission.
In this case, it will be possible to exchange old banknotes for new ones:
from January 1, 2017 to December 31, 2019 inclusive - in the National Bank, banks and non-bank financial institutions of the Republic of Belarus;
from January 1, 2020 to December 31, 2021 inclusive - at the National Bank of the Republic of Belarus.
From January 1, 2022, banknotes of the 2000 model will be considered invalid.
The decision on the denomination of the Belarusian ruble has been made in order to improve money circulation, simplify accounting and settlements, maintain an optimal banknote structure of the money supply, and significantly reduce government spending on servicing cash circulation in the Republic of Belarus. The denomination process is of a technical nature and will not affect the purchasing power of the Belarusian ruble, the exchange rate of the national currency against foreign currencies, as well as the actual level of inflation.
So, prices for goods and services from July 1, 2016 will be recalculated taking into account the selected denomination scale - 1:10,000.
In other words, if before the denomination any product cost, for example, 100,000 rubles, then, after denomination, its price will be At the same time, to make it easier for buyers to adapt to such changes, during the parallel circulation of old and new banknotes, that is, from July 1 to December 31, 2016, all business entities will be required to indicate two prices - old and new.
By a similar principle when carrying out denominationsalaries, pensions, scholarships, balances will be recalculated Money in bank accounts, balance sheets of enterprises and institutions, etc.
It should be noted that preparations for the denomination in the Republic of Belarus took quite a long period. Thus, the new banknotes, which will be put into circulation on July 1, 2016, were manufactured by order of the National Bank of the Republic of Belarus back in 2008. However, then, due to the global economic crisis and, as a consequence, the deterioration of the economic situation in our country, the denomination was postponed, and the manufactured banknotes were transferred to the Central Vault of the National Bank.
Taking into account the time of production, new Belarusian rubles have certain features. In particular, on the 2009 banknotes issued for circulation there is a facsimile of the signature of P.P., who at that time held the position of Chairman of the Board of the National Bank of the Republic of Belarus. Prokopovich. In addition, on new banknote with a denomination of 50 rubles, the inscription “pyatsdzesyat” is placed, which does not correspond to the currently valid rules of Belarusian spelling. In accordance with the Law of the Republic of Belarus dated July 23, 2008 No. 420-Z “On the rules of Belarusian spelling and punctuation”, this word must be written with the letter “ya” in the second syllable - “pyatsdzyasyat”.
From July 1, Belarus will switch to new money. Of course, this is an important stage in the life of the country and the Belarusian people, but in addition, this is also a real stressful situation for all citizens without exception. We all have a few more days so that the denomination does not take us by surprise, and the transition to new money is not associated with frustration and problems.
5 things to do before denomination
Denomination is a difficult period not only for the population, but primarily for financial institutions and banks. They need to completely rebuild and reconfigure their systems to handle the new money. Therefore, banks are already sending out information to their customers about their work schedule and warning: in the period from the afternoon of June 30 to July 4, interruptions in working with payment cards and online payment systems are possible.
Stock up on cash
Particular attention should be paid to this point by those fellow citizens who will be abroad on these days: from the afternoon of June 30 until the morning of July 1 (and possibly throughout the day), cards will not work. Therefore, withdraw cash in advance for 2-3 days.
It is worth stocking up on cash in advance: banks need to reconfigure the operation of ATMs, so it is quite possible that on the 20th and 30th some ATMs will not work.
Pay utilities, taxes, fines
Definitely pay all utility bills: gas, water, electricity. How will tariffs be rounded in new money? Pay for telecommunications services - Internet, telephone, top up your balance mobile communications. As already mentioned, online payments during the transition period from June 30 to July 4 may work intermittently, and bank branches switch to special operating modes.
Individual entrepreneurs and citizens renting out apartments must pay monthly taxes in advance, before the 1st. If suddenly your payment does not go through due to the special denominational mode of operation of banks, the tax office will not give you discounts, and they will charge a penalty, as on ordinary days.
Exchange currency
These days they are also switching to a special operating mode. exchange offices all banks without exception. Therefore, if you plan to buy currency or exchange foreign money for Belarusian rubles, do it in advance.
Pay with banks: loans and auto payments.
We would like to pay special attention to paying monthly loan installments. Many banks put loan repayment date is the last or first day of the month. Pay in advance to avoid late payments: many banks will not discount denominations and will charge fines if you fail to repay on time.
For those who have loan repayments (utility payments, mobile phone replenishment, etc.) set up using autopayment on the 30th or 1st, this time you also need to make payment in advance, in “manual” mode. Auto payments may simply not go through due to technical work.
Carefully study the new denominations of money
Naturally, you need to know what the bills and coins put into circulation will look like. Look at their appearance in advance, study them yourself and tell your family about them. If your children already go to stores for some purchases, they should have an idea of what new Belarusian banknotes and coins now look like, what denomination is and how much, for example, 10,000 rubles will be in terms of new money.
What will the new money be like in Belarus (photo and description)
What will the new banknotes and coins look like? The answer to this question can be obtained on almost any website of all financial organizations, in all banking institutions, and in retail outlets. In addition, by order of the government, in all institutions where cash is circulated (shops, markets, banks and post offices), color posters with samples of new money and their ratio to the old must be placed.
Seven denominations of banknotes (5 r, 10 r, 20 r, 50 r, 100 r, 200 r and 500 r), and eight denominations of coins (1 kopeck, 2 kopeck, 5 kopeck, 10 kopeck, 20 kopeck and 50 kopecks, 1 ruble and 2 rubles).
When planning a trip to Belarus, it will be useful to familiarize yourself with the features of the country's payment system. But this article contains valuable information on this topic not only for guests of the Republic, but also for its residents.
A little history
The Belarusian ruble is a relatively young National currency in Belarus. Your history of formation currency unit began in the first half of the 90s, when the Soviet Union collapsed, Belarus became isolated, and the country began to need its own money. Since 1992, coupons have been in circulation, but non-cash payment transactions were already carried out in Belarusian rubles. In 1993, there were payment cards, and starting from the end of July of that year, Soviet rubles began to be withdrawn from money circulation.
Since 1994, the Belarusian ruble has rightfully acquired the status of the country’s only currency.
Belarusian banknotes of the 1992 model
Belarusian banknotes of the 1994-1999 model
Belarusian banknotes of the 2000 model
Denominations
The formation of the country's modern money was long and, to some extent, thorny. Already in 1994, the Bank of Belarus carried out the first redenomination of the ruble by 10 times. In 2000, the currency underwent a second transformation into nominal value, but already 1000 times.
On July 1, 2016, the country's economy again required redenomination. The ratio was 1:10,000. Another innovation was that from the same time the minting of state coins began.
The ratio of banknotes after denomination in 2016 (money of the Republic of Belarus of the new sample and outdated)
Commemorative coins
Previously, the Belarusian ruble did not have any units of exchange, however, since 1996, the National Bank of the Republic of Belarus has been issuing commemorative coins, which are legal tender and represent a certain value for collectors. Such coins are minted from gold, silver or copper-nickel alloy on various themes.
Modern money of Belarus
Previously, the lack of coins distinguished Belarus from other countries. But this was done in order to save the state budget.
Currently, modern Belarusian rubles (abbreviated “Br”) are represented by:
- banknotes in denominations of 5, 10, 20, 50, 100, 200 and 500 rubles;
- coins in denominations of 1, 2, 5, 10, 20 and 50 kopecks, as well as 1 and 2 rubles.
In this case, 1 ruble is equal to 100 kopecks.
Both coins and paper bills are regulated by the National Bank of the Republic of Belarus.
I am looking for a currency exchange
For both guests and residents of the country, currency exchange is a sensitive and pressing issue. Therefore, we further suggest that you familiarize yourself with the features of the conversion of Belarusian rubles.
Upon arrival
Since the Belarusian currency is not freely convertible, it will not be possible to purchase it before entering the country.
Banks in Belarus easily convert foreign money into national money. You can exchange existing banknotes of other countries for Belarusian rubles at currency exchange offices. Such points are located in bank branches, shopping centers, markets, hotels. You can also convert cash at airports and train stations, but the exchange rate there is very unfavorable, so it’s better not to change money unless absolutely necessary.
It is convenient to carry out a quick analysis of exchange rates using special online services that collect up-to-date information from local bank websites.
NJust a note: usually the most favorable currency exchange rates are offered by medium and small banks.
Upon departure
When leaving Belarus, you should take care in advance to transfer money into the currency of the country of arrival. In this case, it is better to be guided by the golden rule: do not put all your eggs in one basket. Namely: take a small part in cash, changing it at the exchanger at the most favorable rate, and transfer the rest to the card. When heading to the countries of the European Union, you should issue a card in euros, to all other countries - in US dollars. In this case, when paying, the conversion will be direct: the local currency will be converted into EUR or USD. But paying with a ruble card abroad is extremely unprofitable due to double conversion: first from local currency– in euros or US dollars, and then – in Belarusian rubles.
On the border
When making any payment transactions on the territory of Belarus, it is important not to forget to keep the stamped checks, indicating the transaction. Perhaps they will be checked at customs.
In addition, since 2013, a value added tax (VAT) refund system has been in place for foreign citizens for purchases made on the territory of Belarus when leaving it. This system is called Tax Free, and about 50 countries are connected to it. It should be taken into account that:
- it does not apply to residents of Belarus, Russia, Kazakhstan, Armenia and Kyrgyzstan;
- the price of goods must be subject to VAT of 20%;
- the purchase amount must exceed 80 Belarusian rubles, and it must be made within 1 day in 1 store;
- refund amount – 12.5% of the purchase amount without commissions;
- when purchasing, you must have a passport and notify the seller of your intention to issue a “VAT refund check” (hereinafter referred to as the “Check”);
- the receipt must be marked about the removal of the goods, with the original cashier's receipt attached and a copy of the seller's receipt;
- provide the goods to customs officers strictly within 3 months from the date of purchase;
- at customs, have unused goods in intact packaging, a passport, a buyer's receipt (with attached receipts);
- within 6 months after export, you must send the original Receipt to RUE Beltamozhservice, indicating the recipient’s bank card details on the envelope (sending is free);
- the refund of the VAT amount in the recipient’s currency is made within 30 days from the date of receipt of the letter by the employees of RUE “Beltamozhservice”;
- the refund amount can also be paid in cash at a special point Tax Free cash Refund (at Minsk National Airport).
Bank cards
Among all payment methods in Belarus, the most popular is non-cash payment via bank payment cards.
Of the debit plastic cards in the republic, Visa and MasterCard are most often used; there are also Belcard and Maestro. And among credit cards (more precisely, installment cards: the annual percentage is 0.000001%) the most popular among the population are Halva (MTBank), Purchase Card (Belgazprombank), Smart Card (Moscow-Minsk Bank), Magnit "(Belarusbank), "Turtle" (VTB Bank).
Traveler's checks
Until 2013, when traveling to Belarus, you could use AmericanExpress traveler's checks, which were the only payment system of this type. Today such a payment system does not function in the country.
Electronic payment systems
Convenient and modern electronic payment systems operate in Belarus. Popular Belarusian EPS:
- electronic wallets – EasyPay, WebMoney;
- payment via smartphone – iPay, ;
- payment systems bank cards– WebPay, bePaid, Assist Belarus;
Tokens and payment cards
Since coins appeared in circulation not so long ago, tokens and payment cards have remained relevant in the country. Where they can be used and purchased:
- For travel on the subway. Plastic cards and metro tokens are sold at each station.
- Operating payphones are installed on city streets, which are activated via smart cards. You can buy them at newsstands or at supermarket checkouts.
- Vending machines, of which there are few in the republic, accept special tokens for payment, which are also available in newspaper stalls. By the way, the vast majority of vending machines are equipped with coin and bill acceptors, and national currency is accepted for payment.
A couple of decades ago, to the question “What kind of money is there in Belarus?” there was no clear answer. But now there is an active development of not only the Belarusian currency, but also electronic payment systems.