Number of POS-terminals increases over 2X in Azerbaijan during a year
Baku, Azerbaijan, Jan. 5
By Maksim Tsurkov - Trend:
The number of payment cards in Azerbaijan has increased by 3.4 percent since early 2015 and hit 5.948 million units as of November 2014, the Central Bank of Azerbaijan's report as of 11 months, 2014 says.
Their number increased by 7.9 percent compared to the same period of 2013.
Some 4.683 million units of the total number of cards were debit cards, in particular, 2.483 million - social cards, 1.429 million - salary cards, 771,000 - other cards. The number of credit cards was 1.265 million units.
The total turnover on payment cards via ATMs and POS-terminals amounted to 10.624 billion AZN and the total number of transactions to 71.199 million units in January-November, according to the report.
The number of transactions on debit cards equaled 55.754 million units totaling 8.523 billion AZN.
Of the total number of transactions, around 44.621 million transactions amounting to 7.671 billion AZN were implemented on debit cards via ATMs within the country, and around 3.134 million transactions amounting to 539 million AZN via POS-terminals.
Some 15.446 million transactions worth of 2.102 billion AZN were made on credit cards in January-November 2014.
As many as 4.889 million transactions worth 1.111 billion AZN, of the total number of transactions on credit cards, were implemented via ATMs and there were 6.547 million transactions worth of 458 million AZN via POS-terminals.
As of December 1, 2014, around 2,586 ATMs operated in the country of which 1,460 are located in Baku and 1,126 in other cities and regions of the country. Their total number increased by 175 units or 7.3 percent during a year (compared to early December 2013).
The number of POS-terminals amounted to 68,676 units of which 47,250 are installed in Baku and 21,426 units in other cities and regions as of December 1, 2014.
The number of POS-terminals increased by 35,375 units or 2.06 times compared to January-November 2013.
The official exchange rate is 0.7844 AZN/USD on January 5.
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Edited by CN