Cashless Payments Via Cards In Azerbaijan Show Rapid Growth: Central Bank Official
In 2024, the total transaction volume through payment cards issued by banks operating in Azerbaijan exceeded ₼126 billion ($74 million), marking a 27% annual increase compared to 2023, Azernews reports, citing Vusal Khalilov, a member of the Board of the Central Bank of Azerbaijan (CBA), as he said during his speech at the "Fintex Summit 2025 – Financial Technologies Exhibition," organized by the Azerbaijan Banks Association and the CBA.
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