BAKU, Azerbaijan, March 21. The number of domestic payments made through POS terminals in Azerbaijan amounted to 56.9 million, and the volume reached 1.05 billion manat ($620 million) in January 2025.
Data obtained by Trend from the Central Bank (CBA) indicates that the number grew by 13.8 million units or 32 percent, and the volume - by 122 million manat ( $71.8 million) or 13.1 percent compared to the same period of 2024.
Meanwhile, of the total number of domestic payments made through POS terminals in Azerbaijan, 55.3 million units and 1 billion manat ( $590 million) were carried out contactless, representing an increase of 13.7 million units or 32.9 percent in number, and 134 million manat ( $78.7 million) or 15.4 percent in volume year on year.