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Azerbaijan records uptick in number of installed POS-terminals and ATMs

Finance Materials 3 October 2020 15:34 (UTC +04:00)
Azerbaijan records uptick in number of installed POS-terminals and ATMs

BAKU, Azerbaijan, Oct.3

Zeyni Jafarov - Trend:

The total number of POS-terminals increased by 1,060 units or 1.9 percent in Azerbaijan as of September 1, 2020, compared to the same period in 2019, and reached 56,547, Trend reports referring to the Central Bank of Azerbaijan (CBA).

According to CBA, from January through August 2020, the number of POS terminals declined by 10,921 units, or 16.2 percent compared to the same period of last year, while a year before was by 7,586 units or 11.8 percent less than from January through August 2018.

Reportedly, 36,831 POS-terminals (65.1 percent) were installed in Baku and the remaining 19,716 (34.9 percent) in other cities and districts of the country.

As of September 1, 2020, number of ATMs also showed rise. Thus, there were 2,608 ATMs were installed during August in the country, of which 1,364 units (52.3 percent) accounted for Baku and the remaining 1,244 ones (47.7 percent) - for other cities and districts.

The total number of ATMs has reduced by 39 units or 1.5 percent since the beginning of 2020, but was by 20 units or 0.8 percent more than from January through August 2019.

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