Baku, Azerbaijan, Sep. 4
By Azad Hasanli - Trend:
In January-July 2018, the turnover of payment cards through ATMs and POS-terminals in Azerbaijan amounted to 9.86 billion manats, which is 20.2 percent more than in Jan.-July 2017, reads the report of the Central Bank of Azerbaijan.
The total number of transactions with payment cards in Jan.-July made up 65.27 million (an increase of 20.7 percent).
The number of operations on debit cards [both inside and outside the country] equaled to 57.6 million in the amount of 8.7 billion manats, of which almost 35.76 million operations in the amount of almost seven billion manats were carried out through ATMs inside the country, and 5.66 million operations in the amount of 768 million manats through POS-terminals.
In Jan.-July 2018, the banks' customers carried out via credit cards [both inside and outside the country] 7.64 million operations totalling 1.16 billion manats (2.19 million operations amounting to 440 million manats with the help of ATMs inside the country, and 1.98 million operations amounting to 226 million manats with the help of POS-terminals inside the country).
Number of payment cards, ATMs and POS-terminals
At the end of July, the number of payment cards increased by 6.45 percent to 6.17 million compared to the beginning of the year.
Most of the cards – about 5.35 million – refers to debit cards, in particular, 2.5 million – to social cards, 1.9 million - to payroll cards, and 0.92 million – to other types of cards. The number of credit cards for this period amounted to 823,000.
As of August 1, 2018, there were 2,470 ATMs in the country, of which 1,334 are in Baku, 1,136 are in other cities and regions of the country. In April-June, the total number of ATMs increased by 39, or 1.6 percent.
The number of POS-terminals in the country amounted to 65,706, of which 37,715 were installed in Baku, 27,312 were installed in other cities and regions of the country.
In Jan.-July, the number of POS terminals in Azerbaijan increased by 235, or 0.36 percent.
Volume of transactions in ATMs and POS-terminals
In July, for 1000 people in Azerbaijan, there were four ATMs and 0.15 POS-terminal.
On average, 2,372.4 transactions amounting to 493,470 manats accounted for the share of one ATM in July. The amount of one transaction accounting for one ATM amounted to 208 manats.
On average, 20.5 transactions in the amount of 2,460.1 manats accounted for one POS terminal during the reporting period. The amount of one POS terminal transaction was 120.3 manats.
(1.7 manats = $1 on Sep. 4)
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