Nakhchivan banking sector observes growth on some indicators


December 4 report, Fineko/abc.az. The number of POS terminals, ATMs and payment terminals has increased in Nakhchivan.

ABC.AZ reports that in Q3 of the year the banks installed 59 POS terminals and 4 multifunctional payment terminals that allow contactless payments. For this period, in accordance with the implementation of the program, POS terminals were installed at 14 enterprises with the status of a public legal entity.

When installing the POS-terminal, non-cash payment of taxes and social contributions in the amount of AZN 48,460 was provided by 102 taxpayers in July-September and AZN 52,783 by 135 taxpayers using personal cards. Within the program in the 3rd quarter 123 taxpayers paid wages to 373 employees via payment cards.

By Elmir Murad