Cashless payments increased by 800% in Azerbaijan


January 31, Fineko/abc.az. An open day has been conducted at the Azerbaijani Convention Bureau held an open day.

Culture & Tourism Minister Abulfaz Garayev has stated that the main indicator of Bureau’s activity is organizing the Baku Shopping Festival.

"200 organizations participated in the first festival and their number exceeded 650 in the second festival. Besides, turnover of the 2nd festival has increased much as well. As a whole development of tourism in Azerbaijan has led to growth of 70% of cashless payments, and in the period of the shopping festival the volume of cashless payments increased by 800%," the minister said.

According to the minister, about 20 million people from different countries got the information about holding of the shopping festival in Baku.