Baku, Azerbaijan, Dec. 13
By Anvar Mammadov – Trend:
The turnover of payment card transactions carried out via ATMs and POS-terminals amounted to 1.28 billion manats in Azerbaijan in October 2017, which is by 19.6 percent more than in October 2016, said the report of the Central Bank of Azerbaijan (CBA).
According to the report, the total number of payment card transactions reached 8.69 million in October 2017, increasing by 22.2 percent for the year.
The number of debit card transactions reached 7.81 million totaling 1.15 billion manats during the reporting period. Meanwhile, 5.21 million debit card transactions worth 949 million manats were carried out via ATMs, and 675,000 transactions worth 102 million manats via POS-terminals.
The number of payment cards rose by 6.8 percent up to 5.69 million in October 2017 as compared to the same period of 2016.
As of November 1, 2017, 2,491 ATMs operated in the country, 1,356 of which are located in Baku and 1,135 – in other cities and districts of the country. The total number of ATMs has increased by 49 units or 2 percent for the year.
As of late October 2017, the number of POS-terminals amounted to 66,336 units in the country, 38,025 of which are installed in Baku and 28,331 units in other cities and districts of the country. The number of POS-terminals has decreased by 1,816 units or 2.7 percent in Azerbaijan for the year.
(1.7001 AZN = $1 on Dec. 13)