Azerbaijan Lifts Volume Of Domestic Payments Via POS Terminals

2025-03-22 07:09:00

(MENAFN- Trend News Agency) BAKU, Azerbaijan, March 21. The number of domestic payments made through POS terminals in Azerbaijan amounted to 56.9 million, and the volume reached 1.05 billion manat ($620 million) in January 2025.

Data obtained by Trend from the Central Bank (CBA) indicates that the number grew by 13.8 million units or 32 percent, and the volume - by 122 million manat ( $71.8 million) or 13.1 percent compared to the same period of 2024.

Meanwhile, of the total number of domestic payments made through POS terminals in Azerbaijan, 55.3 million units and 1 billion manat ( $590 million) were carried out contactless, representing an increase of 13.7 million units or 32.9 percent in number, and 134 million manat ( $78.7 million) or 15.4 percent in volume year on year.

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