BAKU, Azerbaijan, May 24. The number of ATMs in Azerbaijan as of the end of April 2024 amounted to 3,174 units (3.22 percent growth compared to the same period in 2023), Trend reports.
According to the Central Bank of Azerbaijan (CBA), there were 1,656 ATMs in Baku (3.56 percent growth) and 1,518 in regions (2.85 percent growth) at the end of March 2024.
The number of POS terminals installed in trade and service facilities in the republic amounted to 92,874 units, which is 17.39 percent more than in the same period of 2023. Meanwhile, a total of 60,151 POS terminals were installed in Baku (10.07 percent growth), and 32,723 POS terminals were installed in other regions (33.72 percent growth).
During the reporting period, a total of 90,257, or 97.18 percent, of all POS terminals were installed in retail trade objects. The number of POS terminals accepting contactless payments at the end of March amounted to 90,450 units (an increase of 26.32 percent).
To note, 3,112 ATMs were functioning in Azerbaijan at the end of 2023, of which 1,621 were in Baku and 1,491 were in other regions of the country. The number of POS terminals at the end of 2023 amounted to 83,584 units.