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Share of non-cash transactions in Azerbaijan to edge up by 2026

Economy Materials 23 July 2022 16:47 (UTC +04:00)
Share of non-cash transactions in Azerbaijan to edge up by 2026
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, July 23. The share of non-cash transactions with bank cards will grow by five percent annually in Azerbaijan in 2022-2026, Trend reports via the "Socio-economic development strategy of the Republic of Azerbaijan for 2022-2026" .

According to the strategy, the share of non-cash transactions in transactions with bank cards in Azerbaijan in 2021 amounted to 31.8 percent,

"Indicators of financial stability will improve, and the share of non-cash transactions in the total volume of transactions with bank cards will reach 55 percent," the document said.

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