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Number of payment cards increases by 4 percent in Azerbaijan in early 2010

Business Materials 1 July 2010 15:21 (UTC +04:00)

Azerbaijan, Baku, July 1 / Trend N. Ismayilova /

According to the Central Bank of Azerbaijan, at the end of May, there were 4.12 million payment cards, which is 0.4 percent more compared to early July and 3,7 percent - late 2009.

The number of operations during the reporting period on debit cards totaled 3,794 units. The volume of transactions on debit cards totaled 451 million manat.

Of the total number of transactions on debit cards, about 3.669 million transactions to the amount of 429 million manat are carried out through ATMs and 78,000 operations to the amount of 16 million manat through POS-terminals.

About 178,000 transactions totaling $ 47 million manat were carried out on credit card in May,. Of the total number of credit card transactions, about 76,000 transactions to the amount of 17 million manat were carried out through ATMs, and 16,000 operations to the amount of 11 million manat - POS-terminals.

On July 1, the official exchange rate is 0.8039 manat to $1.

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