Central Bank: Number of cash machines and POS terminals also increased


January 24, Fineko/abc.az. The Central Bank reported the growth of bank cards in the country last year.

ABC.AZ reports that for 12 months of 2021 the volume of non-cash payments by cards amounted to AZN 11.17 bn. AZN 7.208 bn of non-cash payments account for e-commerce.

Of the remaining amount, AZN 3.927 bn were sold through POS terminals, and AZN 37 million through cash machines.

The volume of non-cash domestic transactions with payment cards in December made up 34.6% of the total volume of transactions.

There is dynamic growth of the network of payment services of banks.

Thus, compared with the end of December 2020, the number of cash machines grew by 7.1% and POS terminals by 6.7%.