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Mechanism to regulate use of POS-terminals needs to be introduced in Azerbaijan

Business Materials 3 April 2018 14:13 (UTC +04:00)
A mechanism to regulate the use of POS-terminals should be created in Azerbaijan, Deputy Taxes Minister Sahib Alakbarov said on April 3.
Mechanism to regulate use of POS-terminals needs to be introduced in Azerbaijan

Baku, Azerbaijan, April 3

By Anvar Mammadov - Trend:

A mechanism to regulate the use of POS-terminals should be created in Azerbaijan, Deputy Taxes Minister Sahib Alakbarov said on April 3.

He stressed that the control process over the availability of POS-terminals in trade and service centers depends not only on the Taxes Ministry.

"This should depend on each person. Today, we face such a situation when a POS-terminal is available at the site, but customers are informed that it does not work. A client must claim his rights. But presently, there are no regulatory measures to oversee the use of POS terminals. I think that the refusal from the use of the POS terminal should somehow be suppressed at the legislative level, "Alakbarov said.

As of late January 2018, the number of POS terminals in the country was 65,181 units, of which 36,801 units are installed in Baku and 28,380 units - in other cities and regions of the country, according to the Central Bank of Azerbaijan. The number of POS-terminals decreased by 5,983 units, or 8.4 percent in Azerbaijan during the year.

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