E-transactions more than triple in Azerbaijan
By Trend
Twenty-five percent of all transactions from current accounts in Azerbaijan fell on e-transactions in January-September 2018, Acting Chairman of the Board of Azerbaijan’s Financial Market Supervisory Authority (FIMSA) Ibrahim Alishov said.
Alishov made the remarks at the 3rd International Banking Forum in Baku on Nov. 15.
“The number of e-transactions increased 3.3 times in January-September 2018 compared to the same period of 2017,” he said.
“Moreover, an internet banking system is used in 24 out of 30 banks operating in Azerbaijan, while a mobile banking system is used in 25 banks,” he said.