Baku, Azerbaijan, June 13
By Anvar Mammadov - Trend:
The total turnover on payment cards via ATMs and POS-terminals amounted to 971 million manat in April 2016 (7.8 percent less than in the same period of 2015) and the total number of transactions - 6.56 million or by 7.3 percent less for the year, according to the CBA report as of Jan.-April 2016.
The official exchange rate is 1.5114 AZN/USD as of June 13.
The number of transactions on debit cards equaled 5.73 billion units totaling 843 million manat during the reporting period.
Of the total number of transactions, 4.29 million transactions amounting to 746 million manat were implemented on debit cards via ATMs within the country, and around 520,000 transactions amounting to 56 million manat via POS-terminals.
As much as 830,000 transactions worth 128 million manat were made on credit cards during this period.
Of the total number of transactions on credit cards, 180,000 transactions worth 53 million manat were implemented via ATMs and there were 267,000 transactions worth 33 million manat via POS-terminals.
The number of payment cards in Azerbaijan decreased by 10.7 percent in April and hit up to 5.4 million units compared to the same period of 2015.
Of the total number of cards, 4.66 million units were debit cards, in particular, 2.44 million - social cards, 1.48 million - salary cards, 732,000 - other cards. The number of credit cards was 748,000.
As of May 1, 2016, as many as 2,553 ATMs operated in the country of which 1,412 are located in Baku and 1,141 in other cities and regions of the country. The total number of ATMs decreased by 89 units or 3.4 percent for the year compared to April 2015.
The number of POS-terminals amounted to 73,960 units of which 42,762 are installed in Baku and 31,198 units in other cities and regions as of late April 2016.
The number of POS-terminals decreased by 4,079 units or 5.2 percent for the year.
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