BAKU, Azerbaijan, August 31. The number of transactions carried out through local cards issued by resident financial institutions in Azerbaijan, including statistical unit payment cards, reached 60,900, with a total value of 65.2 million manat ($38.3 million) by the end of July 2025.
Data obtained by Trend from the Central Bank of Azerbaijan indicates
that the aggregate volume of transactions executed through local
cards experienced an uptick of 7,700, translating to a growth rate
of 14.5 percent, while the overall transaction volume escalated by
10.1 million manat ($5.9 million), reflecting an 18.5 percent
increase in comparison to the preceding month.
In a year-over-year analysis, the transaction count experienced a
contraction of 6.1 times, culminating in a total of 313,900
transactions. Conversely, the transaction volume exhibited a
marginal uptick of 860,000 manat ($505,629), reflecting a growth
rate of 1.3 percent.
It is important to highlight that the aggregate volume and
transaction count associated with payment cards issued by resident
financial entities pertain to the comprehensive operations executed
with cards distributed by local banking and financial
institutions.
