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Average number of users per one payment terminal slightly down in Azerbaijan

Finance Materials 23 June 2022 13:28 (UTC +04:00)
Average number of users per one payment terminal slightly down in Azerbaijan
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, June 23. The average number of users per payment terminal in Azerbaijan, including ATMs and POS terminals, decreased by 3.55 percent from January through May 2022, compared to the same period last year - up to 3,800, Trend reports with reference to the Central Bank of Azerbaijan (CBA).

According to CBA, the average monthly amount of transactions per ATM reached 828,060 manat ($487,090) or 3,670 transactions, which is 22.51 percent more than the same period last year.

The average monthly amount of one transaction through an ATM in a specified period amounted to 225.1 manat ($132.4), and the average monthly amount of transactions through one POS-terminal – 8,010 manat ($4,711).

The average monthly amount of one transaction through the POS terminal was 37.6 manat ($22.1).

A total of 2,933 ATMs operated in Azerbaijan from January through May 2022, of which 1,555 were in Baku and 1,378 were in other cities and regions of the country.

The number of ATMs in country increased by 5.31 percent compared to the same period in 2021.

The number of POS terminals in Azerbaijan during this period amounted to 68,588 (an increase of 14.98 percent over the year).

Some 46,345 of these are installed in Baku, 22,243 - in other cities and regions of Azerbaijan.

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