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Transactions through ATMs up in Azerbaijan

Finance Materials 14 April 2021 16:23 (UTC +04:00)
Transactions through ATMs up in Azerbaijan

BAKU, Azerbaijan, Apr.14

By Zeyni Jafarov - Trend:

The average number of users per payment terminal in Azerbaijan, including ATMs and POS terminals, exceeded 4,000 people from January through February 2021, the Central Bank (CBA) told Trend.

According to the CBA, this figure increased by 80 people over the year.

The average monthly amount of transactions per ATM reached 660,400 manat ($388,470) for 2,800 transactions, having increased by 8 percent on an annualized basis, the bank said.

“The average monthly amount of one transaction through an ATM in the specified period amounted to 235.8 manat ($138.7), and the average monthly amount of transactions through POS terminals – 5,580 manat ($3,282) - for 102 transactions. The average monthly size of one transaction through a POS terminal amounted to 54.6 manat ($32),” the CBA report said.

(1 USD = 1.7 AZN on Apr.14)

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