14:50 - 16.04.2025

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April 16, Fineko/abc.az. In addition to the growth in retail turnover, there has been an increase in interest in non-cash payments in Azerbaijan in recent years. This contributes to further transparency of business turnover.

ABC.AZ informs that MP Vugar Bayramov wrote about this on his social network account.

He noted that one of the serious problems for entrepreneurs is the establishment by banks of high commission fees when using plastic cards: "High commission fees for POS-terminal services, in addition to excessive costs for commercial real estate, affect consumer prices. At that, in most cases, these costs are transferred to orders provided to micro and small entrepreneurs by large trading enterprises. Considering that banks charge commission fees of 1.4-1.8% for non-cash payments, it is not difficult to imagine how high the final cost will be."