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Azerbaijan reveals volume and number of payments via Apple Pay

Economy Materials 27 October 2022 17:50 (UTC +04:00)
Azerbaijan reveals volume and number of payments via Apple Pay
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, October 27. The payments via Apple Pay amounted to 390 million manat ($229.4 million) from January through September 2022, Head of the payment systems department at Azerbaijani Central Bank (CBA) Kamala Gurbanova said, Trend reports citing Vergiler online newspaper under the State Tax Service of Azerbaijan.

According to her, the number of transactions via Apple Pay has exceeded 13 million.

"CBA sees that payments via this Apple Pay and other payment solutions are growing rapidly in Azerbaijan. Only in September, the number of transactions and volume of payments via Apple Pay increased by three times and 2.8 times, respectively, compared to January," Gurbanova informed.

Contactless payment with Apple Pay was launched in Azerbaijan in November 2021.

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