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Number of POS terminals in Azerbaijan grows

Finance Materials 8 April 2020 14:13 (UTC +04:00)
Number of POS terminals in Azerbaijan grows

BAKU, Azerbaijan, April 8

Eldar Janashvili - Trend:

The number of payment cards increased by 18.2 percent in Azerbaijan as of late February 2020, compared to the same period in 2019, reaching 7.8 million, Trend reports citing a statistical report of the Central Bank of Azerbaijan (CBA).

The majority of the cards (6,900) are debit cards, with 2,700 being social cards, 2,350 - salary cards, and 1,900 other cards. The number of credit cards stood at 829,000 as of end of February 2020.

As of March 1, 2020, there were 2,658 ATMs in the country, of which 1,438 were in Baku and 1,220 were in other cities and districts of the country. The total number of ATMs has increased by 11, or 5.5 percent, since the beginning of 2020.

The number of POS terminals in the country reached 70,090, of which 42,706 were installed in Baku and 27,384 in other cities and regions of the country. Since the beginning of 2020, the number of POS terminals in Azerbaijan has increased by 2,622 units, or 3.9 percent.

Twitter: @eldarjanashvili

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