Number of payment cards in Azerbaijan as of December 2019 disclosed
By Trend
The number of payment cards in Azerbaijan as of Dec. 1, 2019 amounted to 7.5 million units, Trend reports referring to the Central Bank of Azerbaijan (CBA).
The number of ATMs reached 2,600 units (an increase of 2.2 percent), POS terminals – 65,200 units (an increase of 35 percent).
Some 18.1 percent accounted for contactless payment cards.
The volume of non-cash payments on all payment cards increased by 57 percent, including electronic trading operations - by 93 percent.
The specific share of non-cash payments on payment cards in Azerbaijan over the past five years has grown from 8 percent to 20 percent.
---
Follow us on Twitter @AzerNewsAz
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!