Non-cash transactions have increased

16:53 - 24.01.2022


January 24, Fineko/abc.az. The volume of non-cash transactions within the country grew by 83% compared with 2020.

ABC.AZ reports that in December the number of payment cards in circulation in the banking system increased by 182,000 cards compared with the previous month and amounted to 11.4 million cards.

The Central Bank informs that compared with the same term of 2021, this indicator increased by 19.6%.

"The growth on debit cards made up 19% and on credit cards 28%. Compared with the same period of 2020, the number of salary cards increased by 90,000, credit cards by 302,000, others by 1.4 million cards. The increase in the number of payment cards had a positive effect on the volume of non-cash payments. Thus, the volume of non-cash transactions within the country increased by 83% compared to 12 months of 2020," the Central Bank informs.

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