Baku, Azerbaijan, April 16
By Anvar Mammadov – Trend:
The turnover of payment card transactions carried out via ATMs and POS-terminals amounted to 1.32 billion manats in Azerbaijan in February 2018, which is by 17.9 percent more than in February 2017, said the report of the Central Bank of Azerbaijan (CBA).
According to the report, the total number of payment card transactions reached 8.47 million in February 2018 (18.3 percent-growth compared to February 2017).
The number of debit card transactions [both inside and outside the country] reached 7.58 million totaling 1.16 billion manats during the reporting period. Meanwhile, 4.91 million debit card transactions worth 951 million manats were carried out via ATMs, and 654,000 transactions worth 98 million manats via POS-terminals.
Customers of banks carried out 889,000 transactions on credit cards [both inside and outside the country] in February 2018 for a total of 163 million manats (240,000 operations for 51 million manats - via ATMs inside the country, 223,000 transactions for 60 million manats - POS-terminals inside the country).
The number of payment cards rose by 8.5 percent to 5.89 million in February 2018 as compared to the same period of 2017.
Bulk of cards - about 5.22 million - is debit cards, including 2.52 million - social cards, 1.88 million - salary cards, and 0.81 million- others. The number of credit cards during the period hit 673,000.
As of March 1, 2018, 2,444 ATMs operated in the country, 1,318 of which are located in Baku and 1,126 – in other cities and districts of the country. The total number of ATMs has decreased by 19 or 0.8 percent for the year.
As of late February 2018, the number of POS-terminals amounted to 65,240 in the country, 36,839 of which are installed in Baku and 28,401 in other cities and districts of the country.
The number of POS-terminals has decreased by 5,710 or 8 percent in Azerbaijan for the year.
(1.7001 AZN = $1 on April 16)