...

Number of payment cards in Azerbaijan increasing - Central Bank

Finance Materials 29 January 2021 16:06
Number of payment cards in Azerbaijan increasing - Central Bank

BAKU, Azerbaijan, Jan.29

By Zeyni Jafarov – Trend:

The number of payment cards in Azerbaijan increased by 27 percent in 2020 compared to 2019, reaching 9.23 million units, Trend reports citing a statistical report of the Central Bank of Azerbaijan (CBA).

“Most of the cards (8.14 million units) are debit cards. Of these, over 3.44 million cards are social cards, 2.5 million are salary cards, and 2.19 million are other card products. The total number of debit cards in annual circulation increased by 25.8 percent,” said the CBA report.

At the same time, the number of credit cards amounted to 1.09 million units.

Currently (the beginning of 2021), 2,715 ATMs operate in Azerbaijan, of which 1,429 are in Baku, and 1,286 in other cities and districts of the country. The number of ATMs increased by 2.6 percent in annual circulation.

According to the CBA, the number of POS-terminals in the country amounted to 57,120 units, of which 37,627 were installed in Baku, and 19,493 in other cities and districts of Azerbaijan. Since the beginning of 2020, the number of POS-terminals has decreased by 10,348 units or 15.3 percent.

---

Follow the author on Twitter: @jafarov_zeyni

Tags:
Latest

Latest