BAKU, Azerbaijan, October 24
By Tamilla Mammadova – Trend:
In September 2020, 7.5 million transactions were made through 2,658 ATMs in Georgia, which means that an average of 2,800 transactions per month, or 94 transactions per day, are completed, Trend reports via the National Bank of Georgia (NBG).
According to statistics, 2.16 billion lari ($673.3 million) worth of transactions were made through Georgian bank cards through ATMs in September. Compared to the previous month, this amount is 248 million lari ($77.3 million) more.
The NBG report shows that the peak load of ATMs every year comes in December. The amount withdrawn from an ATM in the same month is always higher than in other months of the year. The reason for the increase in the load in December is New Year's expenses.
As for POS-terminals, their number is growing every month. There are 71,000 payment terminals in trade or service facilities throughout Georgia, which is 14,000 more than a year ago.
According to the National Bank statistics, ATMs carry out twice the amount of transactions compared to POS-terminals, although the number of terminal operations exceeds the operations of ATMs several times.
In September 2020, 28 million units worth 962 million lari ($299.8 million) were operated through POS-terminals. Accordingly, the average cost of one terminal payment was 34 lari ($10.60). According to statistics, since POS-terminals' spread has increased, the average volume of payments made through them has decreased.
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