BAKU, Azerbaijan, September 1. A total of 17,000 payment transactions worth 2.3 million euros were processed in Azerbaijan through the Interbank Card Center (ICC) as of August 1, 2025.
Data obtained by Trend from the Central Bank of Azerbaijan indicates
that the aggregate count of transactions surged by 3,500,
reflecting a robust growth of 25.9 percent; concurrently, the
transaction volume escalated by 400,000 euros, marking a
significant uptick of 21 percent in comparison to the corresponding
timeframe of the previous fiscal year.
The ICC embodies a complex ecosystem of technological and fiscal
mechanisms that ensures the secure and rapid facilitation of bank
card transactions, thereby optimizing the transmission and
reconciliation of financial interchanges among banking
entities.
The ICC operates as a crucial nexus, enabling the fluid execution
and culmination of transactions pertaining to card instruments
disseminated by various financial entities.
