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Payments by foreigners using bank cards increase in Azerbaijan

Finance Materials 31 May 2022 17:05 (UTC +04:00)
Payments by foreigners using bank cards increase in Azerbaijan
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, May 31. Foreign citizens in Azerbaijan spent 136.6 million manat ($80.3 million) with bank cards in April 2022, which is 4.82 times or 108.3 million manat ($63.7 million) more than in the same month last year, Trend reports with reference to the Center for Analysis of Economic Reforms and Communications of Azerbaijan.

Foreigners in Azerbaijan made transactions in the amount of 686.3 million manat ($403.7 million) through bank cards in January through April of 2022.

Foreign citizens spent 158.5 million manat ($93.2 million) in Azerbaijan using bank cards in March 2022, which is 4.7 times or 125 million manat ($73.5 million) more than in the same month last year.

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