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Number of ATMs and POS terminals increases in Azerbaijan

Finance Materials 28 September 2023 21:00 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, September 28. The number of ATMs (Automated Teller Machine) in Azerbaijan amounted to 3,104 as of August 31, 2023 (1.2 percent growth year-on-year), Trend reports.

The data of the Central Bank of Azerbaijan (CBA) shows that there were 1,612 ATMs in Baku (1.3 percent growth) and 1,492 in regions (one percent growth) at the end of August 2023.

The number of POS (Point of Sale) terminals installed in trade and services facilities in Azerbaijan amounted to 81,219 (growth of 1.8 percent year-on-year). Of these, 55,263 were installed in Baku and 25,956 in other cities and districts of Azerbaijan.

Also, retail trade objects account for 78,470 POS-terminals, or 96.6 percent of all POS-terminals.

Moreover, about 3,068 ATMs were functioning in Azerbaijan by the end of 2022, of which 1,591 were in Baku and 1,477 were in other regions of Azerbaijan. The number of POS terminals at the end of 2022 amounted to 77,551.

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