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Foreigners' payments via bank cards rise in Azerbaijan

Finance Materials 30 November 2022 16:37 (UTC +04:00)
Foreigners' payments via bank cards rise in Azerbaijan
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, November 30. Foreigners in Azerbaijan spent 149 million manat ($87.5 million) via bank cards in October 2022, Trend reports citing the country's Center for Analysis of Economic Reforms and Communication.

This figure was 19.77 percent or 24.6 million manat ($14.4 million) more than in the same month of 2021.

Foreign bank card transactions made in Azerbaijan amounted to 1.8 billion manat ($1.057 billion) from January through October 2022.

In September 2022, foreign citizens' expenses through bank cards totaled 155.5 million manat ($91.3 million) in Azerbaijan, up by 25.1 percent or 31.2 million manat ($18.3 million) against the same month last year.

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