BAKU, Azerbaijan, July 25. The number of payment cards in circulation in Azerbaijan's banking system and the Azerpost LLC system rose by 181,000 as of late June 2025, compared to the previous month, reaching 20.6 million cards.
The data obtained by Trend from the Central Bank (CBA) shows that this figure grew by 14.1 percent compared to the same period last year. The number of debit cards increased by 17.1 percent, while the number of credit cards decreased by 6.9 percent.
The growth in payment cards has positively impacted the volume of cashless payments. During the month, the volume of domestic cashless transactions increased by 38.3 percent compared to the same period last year. In June 2025, the volume of domestic cashless payments made via cards amounted to 8.439 billion manat ($4.97 billion).
Of these cashless payments, 7.375 billion manat ($4.34 billion) were made through e-commerce. The remaining amount consisted of 1.05 billion manat ($620 million) via POS terminals and five billion manat ($294 million) through self-service terminals and ATMs.
Since the beginning of the year, cashless domestic transactions with payment cards have accounted for 67.1 percent of all domestic card operations.
