Baku, Azerbaijan, April 10
By Emin Aliyev - Trend:
The number of payment cards in Azerbaijan has increased by 2.4 percent since early 2014 and hit 5.808 million in February 2014, according to the statistics report of the Central Bank of Azerbaijan.
Their number increased by 11.6 percent compared to February 2013.
Some 4,801 of the total number of cards fell to the social cards, 1,417 - salary cards, 833,000 - other cards. The number of credit cards was 1,007.
The total turnover on payment cards via ATMs and POS-terminals amounted to 941 million manat and the total number of transactions to 6.206 million units in January-February, according to the report.
The number of transactions on debit cards equaled 4,974 units to the amount of 767 million manat.
Of the total number of transactions, around 4,064 transactions amounting to 698 million manat were implemented on debit cards via ATMs within the country, and around 243,000 transactions amounting to 46 million manat via POS-terminals.
Some 1,232 transactions worth 174 million manat were implemented on credit cards in January-February 2014.
As many as 360,000 transactions amounting to 84 million manat of the total number of transactions on credit cards were implemented via ATMs and there were 558,000 transactions amounting to 37 million manat via POS-terminals.
As of March 1, 2014, around 2,427 ATMs operated in the country of which 1,363 are located in Baku and 1,064 in other cities and regions of the country. Their total number increased by 148 units or 6.5 percent per year (compared to early March 2013).
The number of POS-terminals amounted to 34,141 units of which 29,428 are installed in Baku and 4,713 units in other cities and regions as of March 1, 2014.
The number of POS-terminals decreased by 2,793 units or by 7.56 percent compared to January-February 2013.
The official exchange rate is 0.7844 AZN/USD on April 10.
Translated by NH
Edited by CN