Number of debit cards in Azerbaijan increases

Finance Materials 27 November 2020 17:54 (UTC +04:00)
Number of debit cards in Azerbaijan increases

BAKU, Azerbaijan, Nov. 27

By Zeyni Jafarov - Trend:

The number of pay cards increased by 27.9 percent from January through October 2020, compared to the same period of 2019, reaching 9.13 million units, Trend reports citing a statistical report of the Central Bank of Azerbaijan (CBA).

“Most of the cards (8,100 units) are debit cards, especially, 3,420 cards are social, 2,480 are salary cards, and 2,160 are other card products. The number of debit cards in annual circulation increased by 26.4 percent,” said the report.

The number of credit cards as of late October 2020 amounted to 1.07 million units, the bulletin said.

During the reporting period, 2,655 ATMs operated in the country, of which 1,392 are in Baku, and 1,263 in other cities and districts of the country. The number of ATMs in Azerbaijan increased by 1.6 percent year on year.

The number of POS terminals in the country amounted to 57,002, of which 37,230 were installed in Baku, and 19,772 - in other cities and regions of the country. Since the beginning of 2020, their number in Azerbaijan has decreased by 8,606 units or 13.1 percent.


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