ASHGABAT, Turkmenistan, December 13. The number of POS terminals in Turkmenistan as of the beginning of December 2023 was 41,929, Trend reports.
According to the Central Bank of Turkmenistan, the largest number of POS terminals is in Ashgabat city (13,727), as well as in the Lebap (7,123) and Mary (6,938) regions.
Dayhanbank State Commercial Bank operated the largest number of POS terminals in the reporting period (8,885).
Turkmenistan State Commercial Bank (7,819) and Halkbank Joint-Stock Commercial Bank (7,815) come in second and third, respectively.
Over the past seven years, the number of POS terminals in Turkmenistan has grown more than eight times. Thus, on January 1, 2016, there were 5,223 POS terminals in Turkmenistan; on January 1, 2023, this figure reached 42,131.
The financial sector in Turkmenistan is experiencing continuous growth, characterized by the introduction of mobile applications for diverse services and product payments, a notable rise in transaction volumes, and the accessibility of alternative payment options through banking terminals.