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Number of payment cards exceeds 5.3 million units in Azerbaijan

Business Materials 10 August 2013 21:58 (UTC +04:00)

Azerbaijan, Baku, August 7 /Trend, A.Akhundov/

The number of payment cards in Azerbaijan increased by 1.14 percent - to 5.301 million units. Their number increased by 9.84 percent compared to the figures in the same period of 2012, according to the statistical report of Azerbaijani Central bank posted on its website.

The total turnover on payment cards via ATMs and POS-terminals amounted to 773 million manat and the total number of transactions - to 5.094 million units in June.

The number of transactions on debit cards equaled to 4.38 million units in the amount of 649 million manat.

Around 3.7 million transactions (amounting to 594 million manat) of the total number of transactions on debit cards were implemented via ATMs within the country and around 486,000 transactions amounting to 41 million manat - via POS-terminals.

Around 714,000 transactions with total amount of 124 million manat were implemented on credit cards in June, 2013.

Around 242,000 transactions (amounting to 56 million manat) of the total number of transactions on credit cards were implemented via ATMs and around 319,000 transactions amounting to 37 million manat - via POS-terminals, the report said.

As of July 1, 2013, around 2,351 ATMs operated in the country, about 1,324 of which are located in Baku and 1,027 - In other cities and regions of the country. Their total number increased by 124 units or 5.57 percent.

The number of POS-terminals amounted to 37,166 units, around 33,284 of which are installed in Baku and 3,882 units - in other cities and regions by July 1, 2013.

The number of POS-terminals has increased by 856 units or by 2.35 percent since June, 2012.

The official exchange rate for August 7 is 0.7844 AZN/USD.

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