Payment card transactions’ turnover up in Azerbaijan
Baku, Azerbaijan, Oct. 15
By Azad Hasanli – Trend:
The turnover of payment card transactions carried out via ATMs and POS-terminals amounted to 1.24 billion manats in Azerbaijan in August 2017, which is by 12.6 percent more than in August 2016, said the report of the Central Bank of Azerbaijan (CBA).
According to the report, the total number of payment card transactions reached 8.09 million in August 2017, increasing by 19 percent for the year.
The number of debit card transactions reached 7.25 million totaling 1.09 billion manats during the reporting period. Meanwhile, 4.74 million debit card transactions worth 891 million manats were carried out via ATMs, and 649,000 transactions worth 95 million manats via POS-terminals.
The number of payment cards rose by 6.2 percent up to 5.59 million in August 2017 as compared to the same period of 2016.
As of September 1, 2017, 2,495 ATMs operated in the country, 1,353 of which are located in Baku and 1,142 – in other cities and districts of the country. The total number of ATMs has decreased by 51 units or 2.1 percent for the year.
As of late August 2017, the number of POS-terminals amounted to 68,437 units in the country, 38,784 of which are installed in Baku and 29,653 units in other cities and districts of the country. The number of POS-terminals has decreased by 1,881 units or 2.7 percent in Azerbaijan for the year.