Number of payment cards increases by over 10 per cent in Azerbaijan per year
Azerbaijan, Baku, Oct. 4 /Trend, E. Aliyev /
The number of payment cards in Azerbaijan slightly reduced by 0.8 per cent to 5.331 million units in August compared to July.
However their number increased by 10.1 per cent compared to the same period of 2012, the Azerbaijani Central Bank's statistics report said on Thursday.
According to the report, the total turnover on payment cards via ATMs and POS-terminals amounted to 845 million manat and the total number of transactions to 5.746 million units in August.
The number of transactions on debit cards equalled 4.78 million units to the sum of 702 million manat.
Around 4.02 million transactions amounting to 637 million manat of the total number of transactions on debit cards were implemented via ATMs within the country and around 530,000 transactions amounting to 45 million manat via POS-terminals.
At least 967,000 transactions worth 143 million manat were implemented on credit cards in August 2013.
As many as 263,000 transactions amounting to 60 million manat of the total number of transactions on credit cards were implemented via ATMs and around 496,000 transactions amounting to 34 million manat via POS-terminals, the report said.
As of September 1, 2013, around 2375 ATMs operated in the country, about 1341 of which are located in Baku and 1034 in other cities and regions of the country. Their total number increased by 161 units or 7.27 per cent per year.
The number of POS-terminals amounted to 35,715 units, around 31,754 of which are installed in Baku and 3,961 units in other cities and regions as of September 1, 2013.
The number of POS-terminals has increased by 799 units or by 2.19 per cent since August 2012.
The official exchange rate is 0, 7845 AZN/USD on Oct. 4.