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Average number of users per one payment terminal decreases in Azerbaijan

Finance Materials 5 December 2022 17:33 (UTC +04:00)
Average number of users per one payment terminal decreases in Azerbaijan
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, December 5. The average number of users per payment terminal, including ATMs and POS terminals, in Azerbaijan, decreased in October 2022, Trend reports on December 5 via the Central Bank of Azerbaijan (CBA).

According to the CBA, this figure amounted to 3,680, down by 4.17 percent on annual basis.

The average monthly amount of transactions per ATM in October this year reached 927,130 manat or $545,370 (3,900 transactions), which is 36.07 percent more than in the same period of 2021.

Besides, the average monthly value of one transaction through an ATM in the specified period amounted to 237.6 manat ($139.7), the average monthly value of transactions through one POS terminal was 9,120 manat ($5,360), and the average monthly value of one transaction through a POS-terminal – 35 manat ($20.6).

As of November 1, 2,965 ATMs operated in Azerbaijan, of which 1,558 were in Baku and 1,407 were in other cities and regions of the country.

Meanwhile, the number of ATMs in the country increased by 3.31 percent on annual basis.

The number of POS terminals in Azerbaijan as of November 1 was 75,078 (an increase of 23.2 percent over the year), of which 50,491 were installed in Baku, and 24,587 - in other cities and regions of Azerbaijan.

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