BAKU, Azerbaijan, July 26
By Zeyni Jafarov - Trend:
The average number of users per payment terminal in Azerbaijan, including ATMs and POS terminals, decreased by 21 people in the first 5 months of 2021 compared to the same period of 2020, settling at 3,940 people, the Central Bank of Azerbaijan (CBA) told Trend.
As the CBA noted, the average monthly amount of transactions per ATM reached just above 692 manat or $407 (3,040 transactions), having risen by 1.1 percent in annual terms.
“The average monthly amount of one transaction through an ATM in the specified period amounted to 227.8 manat ($134), and the average monthly amount of transactions through one POS terminal – 6,480 manat or $3,811 (for 127 transactions). The average monthly value of one transaction through a POS terminal amounted to 50.9 manat ($29.9),” the report said.
“As of early June 2021, 2,785 ATMs operated in Azerbaijan, of which 1,466 operated in Baku, 1,319 - in other cities and districts of the country. The number of ATMs increased by 9 percent on an annual basis,” the CBA said.
The number of POS terminals in the reporting period amounted to 59,651 units, of which 39,172 units were installed in Baku, 20,479 - in other cities and districts of Azerbaijan. Their number basis increased by 4,624, or 8.4 percent on annual basis.